TSX:EQBBanks
Assessing EQB (TSX:EQB) Valuation After Announcing A New Share Buyback Program
EQB (TSX:EQB) has put a fresh buyback on the table, with a normal course issuer bid authorizing the repurchase and cancellation of up to 2,215,794 shares, or 5.94% of its common equity.
See our latest analysis for EQB.
The buyback comes as EQB’s shares trade at CA$104.52, with a 30 day share price return of 6.81% and a 90 day share price return of 14.19%. The 3 year total shareholder return of 91.16% and 5 year total shareholder return of 112.33% point to strong longer term compounding,...