By Adriano MarcheseRichelieu Hardware said Thursday it plans to renew its share-repurchase program to buy back about 2.7% of its issued and outstanding common shares over the course of a one-year period. The Canadian specialty hardware store said that it has received approval from the Toronto Stock Exchange to renew its normal course issuer bid to buy back up to 1.5 million shares in the company.

Source: Wall Street Journal December 29, 2023 03:38 UTC