Dominion Lending Centres Announces Block Share Repurchase
Group 1 - Dominion Lending Centres Inc. has purchased 709,247 class "A" common shares for a total price of $6,205,911, equating to $8.75 per share, for cancellation from a former employee [1] - The share buyback aligns with the company's capital allocation strategy and aims to create value for shareholders while focusing on business growth [2] - Dominion Lending Centres Inc. operates through three main subsidiaries and has a network of over 8,500 mortgage professionals and over 500 franchises across Canada [3]