Provided By GlobeNewswire
Last update: Feb 14, 2025
CALGARY, Alberta, Feb. 14, 2025 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. ("DIRTT" or the "Company") (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announced today that it has entered into a share repurchase agreement (the "Repurchase Agreement") with NGEN III, LP ("NGEN"), to purchase for cancellation 3,920,844 common shares of DIRTT (“Common Shares”) currently held by NGEN (the “NGEN Shares”) at a purchase price of USD$0.80 per NGEN Share (the “Share Repurchase”), which is a discount to the current market price. Upon completion of the Share Repurchase, DIRTT will have 189,643,903 Common Shares outstanding, and NGEN will no longer hold any Common Shares.
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