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Slideshow Stock Buybacks

By The Online Investor Staff, updated Fri., Aug. 26, 2:51 AM

Slide #3. Absolute

Company: Absolute (TSE:ABT.CA)
Share Amount Authorized: 2,643,256
Buyback Details: Absolute (TSX: ABT) (the "Company"), the industry standard for persistent endpoint security and data risk management solutions, today announced that it is proceeding with a normal course issuer bid for up to 2,643,256 common shares of the Company (the "Bid"), representing approximately 10% of the public float of the Company. On August 23, 2016, the Company had 38,967,183 common shares outstanding. The Company has received approval from the TSX to commence the Bid on August 29, 2016. Purchases will be made on the Toronto Stock Exchange (the "TSX") and other Canadian marketplaces at the market price at the time of acquisition.

Absolute Software is engaged in the development, marketing and support of computer security and end-point management services and products. All of Co.'s services and products are powered by its proprietary and patented Computrace and Absolute Manage software systems. Co. markets its services and products through computer original equipment manufacturers, value added resellers and directly to its customers, including corporations, government entities, educational institutions and consumers.
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Company Name:  Absolute Software Corp
Website:  www.absolute.com
Sector:  Application Software
 

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August 26, 2016    2:51 AM Eastern
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