Group 1 - MINT Income Fund has filed a notice with the Toronto Stock Exchange and received approval for a normal course issuer bid (NCIB) which will commence on May 27, 2025, and terminate on May 26, 2026 [1] - The Fund had 10,052,580 units issued and outstanding as of May 13, 2025, with 10,031,982 units in the public float [2] - The Fund may purchase up to 1,003,198 units during the 12-month period, representing 10% of the public float, and no more than 201,051 units in any 30-day period, which is 2% of the units issued and outstanding [2] Group 2 - As of May 13, 2025, the Fund had purchased 18,700 units at an average price of $6.96 per unit under its previous NCIB [2] - The Fund had the ability to purchase up to 1,089,755 units under its last NCIB, indicating a strategic approach to managing its unit purchases [2] - The manager of the Fund believes that these purchases are in the best interest of the Fund and represent a desirable use of available funds [2]
MINT Income Fund Announces Normal Course Issuer Bid
Globenewswireยท2025-05-23 12:37