Methanex (MEOH) Announces 5% Share Repurchase Program

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Go back to Methanex (MEOH) Announces 5% Share Repurchase Program

Methanex Announces a 5% Share Repurchase Program

September 16, 2021 5:27 PM EDT

VANCOUVER, British Columbia, Sept. 16, 2021 (GLOBE NEWSWIRE) -- Methanex Corporation (the Company or Methanex) (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 3,810,464 common shares ("Shares"), representing 5% of the 76,209,280 Shares issued and outstanding as of September 16, 2021. Purchases under the NCIB will commence on September 24, 2021 and end no later than September 23, 2022. Purchases will be made from time to time at the then current market price of the Shares and all Shares... More