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Public tender offer: Imperial Ltd. To buy up to 26,791,840 shares

26/06/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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Under the normal course tender offer, Imperial Oil Limited (TSX:IMO) will purchase up to 26,791,840 shares, representing 5% of its issued share capital. The offer will expire on June 28, 2025, or any earlier date when the offer expires. The company had 535,836,803 common shares issued and outstanding as of June 15, 2024. In addition, the common shares purchased by the company will be cancelled and returned to the status of authorized but not issued shares

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