11:19 AM EST - Loblaw Cos. Ltd : Announced today that it has entered into an automatic share purchase plan with a broker in order to facilitate repurchases of Loblaw's common shares under its previously announced normal course issuer bid. Loblaw previously announced that it had received approval from the Toronto Stock Exchange to, during the 12-month period commencing May 5, 2022 and terminating May 4, 2023, purchase up to 16,647,384 Common Shares, representing approximately 5% of the 332,947,684 Common Shares issued and outstanding as of April 21, 2022, by way of a NCIB on the TSX or through alternative trading systems or by such other means as may be permitted under applicable law. Loblaw Cos. Ltd
shares T.L are trading up $0.55 at $120.77.
Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=L%3ACA&qmodStoryID=6014571684781310
