TSX:AIFReal Estate
Altus Group (TSX:AIF) Buyback Launch: Evaluating Valuation After $350 Million Share Repurchase Announcement
Altus Group (TSX:AIF) just launched a significant share buyback, announcing a plan to purchase up to CAD 350 million worth of its common shares through a modified Dutch auction. This move is intended to boost value for current shareholders.
See our latest analysis for Altus Group.
Altus Group’s announcement follows a stretch of muted share price moves, with a 1-day rise of 1.15% and a modest 7-day bump. However, a 90-day share price return of -9.69% suggests some momentum faded recently...