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Glossary > N > "Normal Course Issuer Bid-NCIB" Definition

Normal Course Issuer Bid-NCIB

When a company buys back its own outstanding shares from the markets so they can cancel them. The amount the company may repurchase is subject to regulatory approval.

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Normal Course Issuer Bid-NCIB - When a company buys back its own outstanding shares from the markets so they can cancel them. The amount the company may repurchase is subject to regulatory approval.

Normal Course Issuer Bid-NCIB : when a company buys back its own outstanding shares from the markets so they can cancel them. the amount the company may repurchase is subject to regulatory approval.