MONTREAL, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Senvest Capital Inc. (the “Corporation”) (TSX: SEC) announced today the acceptance by the Toronto Stock Exchange (the “TSX”) of the Corporation’s notice of intention to make a normal course issuer bid (the “NCIB”). Pursuant to the NCIB, the Corporation proposes to purchase, from time to time, if considered advisable, up to an aggregate of 100,000 of its common shares, being approximately 4.12% of its 2,430,024 issued and outstanding common shares as of August 13, 2025, through the facilities of the TSX, other designated exchanges and/or alternative Canadian trading systems or by such other means as may be permitted by the applicable securities regulator. However, due to the historically low volume of trading of its common shares on the TSX, the Corporation advises that actual purchases under the NCIB may in fact be significantly less than 100,000 shares. Purchases may commence on August 27, 2025 and will conclude on the earlier of the date
Related Questions
How might the proposed 4.12% share repurchase influence Senvest Capital’s share price and liquidity given its historically low trading volume?
What is the company’s financing source for the buyback and does it affect its balance sheet or credit metrics?
How does this NCIB compare to recent buyback programs by peer Canadian firms in terms of size, timing, and execution strategy?