normal course exempt issuer bid

Dutch translation: inkoop van eigen aandelen...

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:normal course exempt issuer bid
Dutch translation:inkoop van eigen aandelen...
Entered by: Arnaud Jacobs

04:32 Dec 9, 2008
English to Dutch translations [PRO]
Bus/Financial - Finance (general)
English term or phrase: normal course exempt issuer bid
... announced its intention to make a normal course exempt issuer bid to potentially repurchase a portion of its issued and outstanding common shares...
Arnaud Jacobs
Local time: 18:04
inkoop van eigen aandelen...
Explanation:
'Inkoop van eigen aandelen met vrijstelling van de reguliere procedures' should work OK.(Normal course = regulier; issuer bid = bod uitgebracht op eigen aandelen.)

Judging by Google hits, this refers specifically to rules of the Toronto Stock Exchange concerning the repurchase of a company's own shares on the stock exchange.

See in particular the first ref. below for a full explanation.
Selected response from:

Chris Hopley
Netherlands
Local time: 12:04
Grading comment
Thank you very much.

I did not find any help anywhere, so your suggestion saved my hide.

Thank you!

Arnaud.
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +1inkoop van eigen aandelen...
Chris Hopley


  

Answers


5 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
inkoop van eigen aandelen...


Explanation:
'Inkoop van eigen aandelen met vrijstelling van de reguliere procedures' should work OK.(Normal course = regulier; issuer bid = bod uitgebracht op eigen aandelen.)

Judging by Google hits, this refers specifically to rules of the Toronto Stock Exchange concerning the repurchase of a company's own shares on the stock exchange.

See in particular the first ref. below for a full explanation.


    Reference: http://www.tsx.com/en/pdf/Policy5-5.pdf
    Reference: http://nl.wikipedia.org/wiki/Inkoop_van_eigen_aandelen
Chris Hopley
Netherlands
Local time: 12:04
Specializes in field
Native speaker of: English
PRO pts in category: 41
Grading comment
Thank you very much.

I did not find any help anywhere, so your suggestion saved my hide.

Thank you!

Arnaud.

Peer comments on this answer (and responses from the answerer)
agree  Kitty Brussaard
13 hrs
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