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SNDL Repurchase Program
SNDL Inc.
Long
SNDL Repurchase Program
By TopgOptions
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Nov 16, 2021
1
9
Cheer
Cheer
10
10
Nov 16, 2021
Sundial announced last week a share repurchase program!
Program will commence on November 19, 2021 and expire on November 19, 2022.
Sundial Growers can purchase a maximum of 102.8 million shares, representing approximately 5% of the company's issued and outstanding shares.
Last month, Sundial announced the purchase of retail company Alcanna, which operates 171 liquor stores in Canada!
Average Volume: 99,022,325
Yesterday`s Volume: 360,765,136
My short term price target is the 1.6usd resistance.
Long term, SNDL can go to $4.
Looking forward to read your opinion about it.
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