Fairfax India Holdings Corporation has announced a Normal Course Issuer Bid for its Subordinate Voting Shares on the Toronto Stock Exchange, starting September 30, 2025. The company plans to purchase up to 5,551,115 Subordinate Voting Shares, representing 10% of its public float. Fairfax India believes this bid will enhance shareholder value. They have also entered into an automatic share purchase plan to buy shares during regulatory restrictions or trading black-out periods. The ASPP will be in effect from September 30, 2025, and will end based on certain conditions. Fairfax India aims for long-term capital appreciation through investments in Indian businesses.
Read more at GlobeNewswire: Fairfax India Announces Intention to Make a Normal Course
