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By The Online Investor Staff, updated Sun., Oct. 17, 1:55 PM
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Stock Buybacks
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| This Slide: #16 of 25 |
Slide #16. DRI Healthcare Trust
Company:
DRI Healthcare Trust (TSE:DHT.U.CA)
Share Amount Authorized:
1,500,000
Buyback Details:
DRI Healthcare Trust (TSX: DHT.UN) (TSX: DHT.U) ("DRI" or "the Trust") announced today the acceptance by the Toronto Stock Exchange (the "TSX") of the Trust's Notice of Intention to make a normal course issuer bid (the "NCIB"). Pursuant to the NCIB, the Trust proposes to purchase, from time to time, if considered advisable, up to an aggregate of 1,500,000 of its trust units (the "Units"), being approximately 3.7% of its 40,107,407 issued and outstanding trust units as of September 29, 2021, through the facilities of the TSX and/or through various eligible alternative Canadian trading systems at the market price at the time of purchase. Purchases may commence on October 5, 2021 and will conclude on the earlier of the date on which the Trust has purchased the maximum number of trust units permitted under the NCIB and October 4, 2022.
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