Sienna Announces Renewal of Normal Course Issuer Bid
Pursuant to the notice, Sienna intends to acquire up to a maximum of 3,351,956 of its Shares, or approximately 5% of its 67,039,123 issued and outstanding Shares as of
All Shares purchased under the NCIB will be cancelled upon their purchase. Sienna intends to fund the purchases out of its available resources. Sienna may begin to purchase Shares on
No Shares were purchased pursuant to Sienna’s previous normal course issuer bid that commenced on
About
Forward-Looking Information
Certain of the statements contained in this news release are forward-looking statements and are provided for the purpose of presenting information about management’s current expectations and plans relating to the future. Readers are cautioned that such statements may not be appropriate for other purposes. These statements generally use forward-looking words, such as "anticipate," "continue," "could," "expect," "may," "will," "estimate," "believe," “goals” or other similar words and include, among other things, statements with respect to the number of Shares to be acquired under the NCIB. These statements are subject to significant known and unknown risks and uncertainties that may cause actual results or events to differ materially from those expressed or implied by such statements and, accordingly, should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such results will be achieved. The forward-looking statements in this news release are based on information currently available and what management currently believes are reasonable assumptions. Sienna does not undertake any obligation to publicly update or revise any forward-looking statements except as may be required by applicable law.
For further information, please contact:
Chief Financial Officer & Senior Vice President
(905) 489-0254
karen.hon@siennaliving.ca
7143878
Source: Sienna Senior Living