Tucows Announces $40 Million Stock Buyback Program
TORONTO, February 9, 2023 – Tucows Inc. (NASDAQ: TCX, TSX: TC) announced today that its Board of Directors has approved a stock buyback program to repurchase, from time to time if and as appropriate, up to $40 million of its common stock in the open market.
The new $40 million buyback program will commence February 10, 2023 and will terminate on or before February 9, 2024. Purchases for the new buyback program will be made exclusively through the facilities of the Nasdaq Capital Market. The previously announced $40 million buyback program, which commenced February 11, 2022, has been terminated.