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Northfield Capital plans to buy back up to 5% of its shares, starting January 15, to boost value.
Northfield Capital Corporation plans to buy up to 141,701 of its own Class A restricted voting shares, or about 5% of its outstanding shares, starting January 15, 2025.
The company believes its shares are undervalued and will use Leede Financial Inc. to make purchases over the next 12 months.
This marks Northfield's first share buyback in the past year.
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Northfield Capital planea comprar hasta un 5% de sus acciones, a partir del 15 de enero, para aumentar su valor.