The Online Investor
Stock Buybacks
Contrarian Outlook
Stock Option Ideas
Preferred Stock Newsletter
ChartZero.com
ChartZero

Slideshow Stock Buybacks

By The Online Investor Staff, updated Sun., Oct. 17, 1:56 PM

Slide #23. Fairfax India Holdings Corporation

Company: Fairfax India Holdings Corporation (TSE:FIH.U.CA)
Share Amount Authorized: 3,500,000
Buyback Details: Fairfax India Holdings Corporation ("Fairfax India") (TSX:FIH.CA) announces that the Toronto Stock Exchange (the "TSX") has accepted a notice filed by Fairfax India of its intention to commence a Normal Course Issuer Bid for its Subordinate Voting Shares through the facilities of the TSX (or other alternative Canadian trading systems) effective September 30, 2021. Purchases will be made in accordance with the rules and policies of the TSX and the Subordinate Voting Shares purchased by Fairfax India will be cancelled. The notice provides that Fairfax India's board of directors has approved the purchase on the TSX, during the period commencing September 30, 2021 and ending September 29, 2022, of up to 3,500,000 Subordinate Voting Shares representing approximately 5.1% of Fairfax India's public float of 68,470,912 Subordinate Voting Shares as at September 16, 2021. As at September 16, 2021, Fairfax India had outstanding 112,276,777 Subordinate Voting Shares. Under the bid, Fairfax India may purchase up to 12,264 Subordinate Voting Shares on the TSX (or other alternative Canadian trading systems) during any trading day, which represents 25% of the average daily trading volume on the TSX for the prior six months (being 49,056 Subordinate Voting Shares), all as calculated in accordance with the rules of the TSX. This limitation does not apply to purchases made pursuant to block purchase exemptions.

  Fairfax India Holdings Corporation: trading symbol FIH.U.CA
 

Open the FIH.U.CA Page at The Online Investor (in a new window) »

October 17, 2021    1:56 PM Eastern
Quotes delayed 20 minutes

Email EnvelopeFree FIH.U.CA Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Stock Buybacks | www.TheOnlineInvestor.com | Copyright © 1998 - 2021, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.