LUNENBURG, NS, Nov. 8, 2024 /CNW/ - High Liner Foods Incorporated (the "Company") (TSX: HLF) today announced that it has increased the size of its Normal Couse Issuer Bid ("NCIB") by filing an amended notice of intention with the Toronto Stock Exchange ("TSX"). The amendment increases the number of common shares of the Company ("Common Shares") the Company intends to purchase for cancellation by 943,340 Common Shares. This reflects an increase from the previously authorized limit of 700,000 Common Shares, to a newly authorized limit of 1,643,340 Common Shares, representing approximately 5% of the Common Shares outstanding as of May 24, 2024, subject to approval by the TSX. The purchases will be made through the facilities of the TSX and/or any alternative Canadian trading systems to the extent they are eligible. The price that the Company will pay for any such Common Shares will be the market price at the time of acquisition. The current NCIB commenced on June 7, 2024, and purchases shall terminate no later than June 6, 2025.
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