Tuesday, 02 January 2024 12:17 GMT

Chorus Aviation Inc.


(MENAFN- Baystreet) 11:19 AM EST - Chorus Aviation Inc.: Announced the final results of its substantial issuer bid to purchase for cancellation up to $50 million of its Class A Variable Voting Shares and Class B Voting Shares The Offer expired at 5:00 p.m. (Toronto time) on November 10. All amounts in this press release are in Canadian dollars. In total, the Company has taken up and will purchase for cancellation 2,061,855 Shares at a price of $24.25 per Share for an aggregate purchase price of approximately $50 million, excluding fees and expenses relating to the Offer. The Shares purchased for cancellation under the Offer represent approximately 8.1% of the total number of issued and outstanding Shares as of September 25, 2025. Chorus Aviation Inc. shares T are trading up $1.10 at $24.16.

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