Perma-Pipe cancels treasury stock
Published by Sara Simper,
Editorial Assistant
World Pipelines,
Perma-Pipe International Holdings, Inc. has announced that on 26 July 2022, it cancelled 239 168 shares of treasury stock representing all the treasury shares held by the company on that date.
On 4 October 2021, the Board of Directors authorised a US$3 million, 12 month stock repurchase programme. Currently, US$965 000 of the initial US$3 million remains available for future purchases.
Read the article online at: https://www.worldpipelines.com/business-news/23082022/perma-pipe-cancels-treasury-stock/
You might also like
The World Pipelines Podcast
Juan Caballero, Chair of the AMPP Board of Directors, talks about AMPP’s global efforts to prevent corrosion and to protect assets, offering insight into how the association listens to its members and serves the pipeline industry.
Listen for free today at www.worldpipelines.com/podcasts or subscribe and review on your favourite podcast app.
John Crane launches new dry gas sealing solution
John Crane introduces versatile next-generation coaxial seal, engineered for success and efficiency.
