CMG launches modified Dutch auction share buyback offer up to C$20 million

Reuters2026/08/14 12:02

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Computer Modelling Group launched a modified Dutch auction substantial issuer bid to repurchase up to C$ 20 million of common shares.
Offer opened Aug. 14, 2026. Expiry set for Sept. 21, 2026, unless extended, varied, or withdrawn.
Repurchased shares will be cancelled. Company cited a view that the stock trades below intrinsic value.
Directors, officers, and known holders above 10% of voting rights do not intend to tender shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Computer Modelling Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608140800PRIMZONECNPR____9810116) on August 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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CMG launches modified Dutch auction share buyback offer up to C$20 million

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