Tuesday, 02 January 2024 12:17 GMT

Chemtrade Logistics Income Fund


(MENAFN- Baystreet) 11:22 AM EST - Chemtrade Logistics Income Fund : Today announced that the Toronto Stock Exchange has accepted its notice of intention to commence a new normal course issuer bid. Under the NCIB, Chemtrade is authorized to purchase up to 11,231,131 of its units (out of the 112,906,332 units outstanding as of August 13, 2025) representing approximately 10% of Chemtrade's public float (being 112,311,315 units) as of August 13, 2025. The NCIB commences on August 19, 2025 and will terminate on August 18, 2026 or such earlier date that Chemtrade completes purchases. Chemtrade Logistics Income Fund shares are trading up $0.75 at $11.75.

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