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By The Online Investor Staff, updated Wed., Mar. 3, 12:10 PM
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Stock Buybacks
| This Slide: #25 of 25 |
Slide #25. Tucows Inc.
Company:
Tucows Inc. (NASDAQ:TCX)
$Amount Authorized:
$40,000,000
Buyback Details:
Tucows Inc. (NASDAQ: TCX, TSX: TC) announced today that its Board of Directors has approved a stock buyback program to repurchase, from time to time, up to $40 million of its common stock in the open market. The new $40 million buyback program will commence February 10, 2021 and will terminate on or before February 9, 2022. Purchases for the new buyback program will be made exclusively through the facilities of the Nasdaq Capital Market. The previously announced $40 million buyback program for the period February 13, 2020 to February 12, 2021 has been terminated.
Tucows provides consumers and small businesses with mobile phone services and fixed Internet access in selected towns. Co. is also a distributor of Internet services, including domain name registration, digital certificates, and email. Co. provides these services primarily through an Internet-based distribution network of Internet Service Providers, web hosting companies and other providers of Internet services to end-users. Co.'s segments include: Network Access Services, which include mobile, fixed high-speed Internet access services and other services; and Domain Services, which include wholesale and retail domain name registration services, other services and portfolio services.
TCX SEC Filing Email Alerts Service
Open the TCX Page at The Online Investor »
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Avg. Broker Rec.
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Strong Buy (4.00 out of 4) 80th percentile
(ranked higher than approx. 80% of all stocks covered)
Analysts' Target Price: TCX Stock Forecast Based on Zacks ABR data; powered by Xignite |
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