By Adriano Marchese
Information Services intends to buy back up to 5% of its shares over the course of a one year period.
The provider of registry and information management services said Wednesday that it will purchase up to 929,007 Class A shares for cancellation.
The stock has risen in 2025, up about 16% year-to-date to close on Tuesday at 30.26 Canadian dollars ($22.05).
At that price, the value of the shares intended from the buyback would be worth about C$28.1 million.
Information Services can begin buying back shares starting on June 6.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
June 04, 2025 07:21 ET (11:21 GMT)
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