Tucows (TCX) Approves $40M Buyback

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Go back to Tucows (TCX) Approves $40M Buyback

Tucows Announces $40 Million Stock Buyback Program

February 9, 2016 4:05 PM EST

TORONTO, Feb. 09, 2016 (GLOBE NEWSWIRE) -- Tucows Inc. (NASDAQ: TCX) (TSX: TC) today announced 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, 2016 and will terminate on or before February 9, 2017. The Companys previous buyback program, which commenced February 16, 2015 and was scheduled to end on or before February 15, 2016, has been terminated as the Company has repurchased approximately $20 million of its common stock,... More