In Canada, open-market share repurchases are called
A) fixed-price tender bids.
B) variable-price tender bids.
C) Dutch-auction bids.
D) normal course issuer bids.

Question

Quizplus · Accepted Answer

In Canada, open-market share repurchases are referred to as normal course issuer bids. This is a program where a publicly-traded company can buy back its own shares on the open market over a specific period of time, subject to certain rules and regulations set by securities regulators.

In Canada, Open-Market Share Repurchases Are Called