The Real Brokerage Renews Share Buyback Of ~5% Of Total Issued Outstanding Shares; Set To Commence On May 29, 2024, Immediately Following The Expiration Of The Current NCIB On May 28, 2024
The Real Brokerage Renews Share Buyback Of ~5% Of Total Issued Outstanding Shares; Set To Commence On May 29, 2024, Immediately Following The Expiration Of The Current NCIB On May 28, 2024
The Real Brokerage Inc. (the "Company" or "Real") (NASDAQ:REAX), the fastest-growing, publicly traded real estate brokerage, today announced that its Board of Directors has approved the renewal of the Company's normal course issuer bid ("NCIB"). The NCIB is set to commence on May 29, 2024, immediately following the expiration of the current NCIB on May 28, 2024.
增长最快的上市房地产经纪公司Real Brokerage Inc.（“公司” 或 “Real”）（纳斯达克股票代码：REAX）今天宣布，其董事会已批准延长公司的正常发行人出价（“NCIB”）。NCIB定于2024年5月29日开始，即当前的NCIB于2024年5月28日到期后立即开始。
The NCIB authorizes Real to repurchase up to 9,472,708 of its common shares ("Common Shares"), representing approximately 5% of the total issued and outstanding Common Shares of 189,454,169 as of May 1, 2024. This repurchase program will be conducted during the twelve-month period commencing May 29, 2024 and ending May 28, 2025. In addition, the aggregate number of Common Shares acquired by the Company within any 12-month period under the current NCIB and renewed NCIB will not exceed 5% of the Common Shares issued and outstanding at the beginning of such 12-month period.
NCIB授权雷亚尔回购最多9,472,708股普通股（“普通股”），约占截至2024年5月1日已发行和流通的189,454,169股普通股总额的5％。该回购计划将在自2024年5月29日起至2025年5月28日结束的十二个月内进行。此外，公司在任何12个月期限内根据当前NCIB和续订的NCIB收购的普通股总数将不超过该12个月期初已发行和流通的普通股的5％。
译文内容由第三方软件翻译。