Referenced Stocks

Teck Gets Regulatory Approval for Renewal of Share Buy-Back Program

By MT Newswires,  June 26, 2012, 07:40:48 AM EDT

Teck Resources Limited ( TCK ) said late Monday that the Toronto Stock Exchange has accepted Teck's notice of intention to make a normal course issuer bid to purchase its Class B subordinate voting shares.

Under the normal course issuer bid, Teck may purchase up to 20 million Class B subordinate voting shares during the period starting June 28, 2012 and ending on June 27, 2013, representing approximately 3.47% of the outstanding Class B subordinate voting shares, or 4.30% of the public float, as of June 15, 2012.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: TCK



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