Methanex (MEOH) Announces 10% Share Repurchase Program

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Go back to Methanex (MEOH) Announces 10% Share Repurchase Program

Methanex Announces a 10% Share Repurchase Program

March 5, 2018 8:30 AM EST

VANCOUVER, British Columbia, March 05, 2018 (GLOBE NEWSWIRE) -- Methanex Corporation (the Company) (TSX: MX) (NASDAQ: MEOH) announced today that its Board of Directors has approved a Normal Course Issuer Bid (NCIB) whereby the Company will purchase for cancellation up to 6,590,095 common shares ("Shares"), representing 10% of the public float at the time of the announcement of the NCIB and the maximum number of Shares that may be purchased under the NCIB.  Purchases under the NCIB will commence on March 13, 2018 and end no later than March 12, 2019. ... More