Stocks in play: Medical Facilities Corporation
Announced today its intention to commence a substantial issuer bid to purchase, for cancellation, a number of common shares of the Corporation for an aggregate purchase price not exceeding $80,750,000. The Corporation anticipates that the Offer will commence on or about January 20, 2025, and will expire at 11:59 p.m. (Toronto time) on February 24, 2025. Medical Facilities Corporation shares T.DR are trading up $1.00 at $16.50.
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