10:54 AM EST - Algoma Central Corporation : Today announced that its Board of Directors has authorized a substantial issuer bid pursuant to which Algoma will offer to purchase for cancellation up to $20,000,000 of its common shares from Shareholders for cash. The Offer represents up to 1,454,545 Shares or approximately 3.7% of Algoma’s total issued and outstanding Shares. Algoma Central Corporation
shares T.ALC are trading up $0.55 at $14.30.
