Frequently asked questions
What is a normal course issuer bid NCIB?
An NCIB is when a company buys back its own shares over a period, usually to support the stock price or manage excess cash.
Is a Ncib good or bad?
An NCIB can be good as it might increase the stock value and show confidence in the company. It can be bad if it uses too much cash that could be spent on other investments.
How does a share repurchase affect the balance sheet?
A share repurchase reduces the company`s cash balance and the number of outstanding shares, which can increase earnings per share.