on BeWhere Holdings Inc. (CVE:BEW)
BeWhere Holdings Inc. Announces Share Repurchase Plan
BeWhere Holdings Inc., traded on the TSX Venture Exchange under "BEW", has filed a Notice of Intention to initiate a Normal Course Issuer Bid starting June 9, 2026. This buyback is set to end on June 8, 2027, or earlier if the target shares are fully acquired. The board suggests that the market price of its Common Shares might not fully reflect the corporation's value, prompting this initiative.
The company aims to repurchase 5% of its issued shares, equating to 4,855,425 shares out of 97,108,502 as of May 29, 2026. BeWhere’s current buyback program, ending June 8, 2026, might lower the shares, allowing up to 4,758,317 shares for repurchase.
Purchases will occur via TSX Venture Exchange open market transactions, with Beacon Securities Limited executing the buyback in Toronto, Ontario. All reacquired shares will be canceled, pending regulatory approval.
R. P.
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