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Normal-Course Issuer Bid |
Also found in: Acronyms | 0.02 sec. |
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Normal-Course Issuer Bid The act of a publicly-traded company buying its own shares in order to cancel them. By definition, this reduces the number of shares outstanding and therefore increases the earnings per share. This usually results in an increased market value per share. Therefore, a company making an NCIB usually does so in order to increase its market value. Regulations govern the number of shares a company is allowed to buy back in an NCIB. See also: Share buyback. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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No references found | “The Company has been in a blackout period since the NCIB was put in place; however, the Company will be allowed and expects to begin purchasing shares under the NCIB following the release of its first quarter 2009 results,” says CV. MIC ([micro]g) for Test Bacterium sample #1 Gram Positives: Bacillus coagulans ATCC 7050 -- Bacillus megaterium NCIB 2602 150 Enterococcus faecium vanA -- Enterococcus phooeniculicola JLB-1T -- Micrococcus sp. The NCIB was created by Congress in 2005 to collect and maintain high-quality cord blood units and make them available for transplantation. |
NCIB |
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