{"id":406449,"date":"2020-12-30T07:03:35","date_gmt":"2020-12-30T12:03:35","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=406449"},"modified":"2020-12-30T07:03:35","modified_gmt":"2020-12-30T12:03:35","slug":"home-capital-resumes-purchases-under-normal-course-issuer-bid","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/home-capital-resumes-purchases-under-normal-course-issuer-bid\/","title":{"rendered":"Home Capital Resumes Purchases Under Normal Course Issuer Bid"},"content":{"rendered":"

<\/p>\n

Home Capital Resumes Purchases Under Normal Course Issuer Bid<\/b><\/p>\n

TORONTO–(BUSINESS WIRE<\/a>)–
\nHome Capital Group Inc. (\u201cHome Capital\u201d or \u201cthe Company\u201d) (TSX: HCG) announced today its intention to resume repurchases of its common shares under its Normal Course Issuer Bid (\u201cNCIB\u201d). Home Capital suspended such purchases in March of this year due to the onset of the COVID-19 pandemic. With the passage of time and continued stability in its financial performance, Home Capital believes that it is appropriate to resume repurchases under its NCIB.\n<\/p>\n

\nHome Capital also intends to apply to renew its NCIB prior to its expiry on January 21, 2021. The aggregate repurchases under both the current and renewed (subject to Toronto Stock Exchange approval) NCIB are not expected to exceed $50 million.\n<\/p>\n

Caution Regarding Forward-Looking Statements<\/b><\/p>\n

\nThis press release contains forward-looking information within the meaning of applicable Canadian securities legislation, including relating to Home Capital\u2019s intentions regarding its Normal Course Issuer Bid and the size, timing, and terms and conditions of the Normal Course Issuer Bid. Please refer to Home Capital\u2019s 2019 Annual Report, available on Home Capital\u2019s website at www.homecapital.com<\/a>, and on the Canadian Securities Administrators\u2019 website at www.sedar.com<\/a>, for Home Capital\u2019s Caution Regarding Forward-looking Statements.\n<\/p>\n

About Home Capital<\/b>: Home Capital Group Inc. is a public company, traded on the Toronto Stock Exchange (HCG), operating through its principal subsidiary, Home Trust Company. Home Trust is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of residential mortgage products, consumer lending and credit card services. In addition, Home Trust offers deposits via brokers and financial planners, and through a direct-to-consumer brand, Oaken Financial. Home Trust also conducts business through its wholly owned subsidiary, Home Bank. Licensed to conduct business across Canada, we have offices in Ontario, Alberta, British Columbia, Nova Scotia, Quebec and Manitoba.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201230005022\/en\/<\/a><\/span><\/p>\n

\nJill MacRae
\n
Director, Investor Relations
\n
416-933-4991
\n
investor.relations@hometrust.ca<\/a><\/p>\n

KEYWORDS:<\/b> North America Canada<\/p>\n

INDUSTRY KEYWORDS:<\/b> Professional Services Residential Building & Real Estate Commercial Building & Real Estate Finance Construction & Property Banking<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Home Capital Resumes Purchases Under Normal Course Issuer Bid TORONTO–(BUSINESS WIRE)– Home Capital Group Inc. (\u201cHome Capital\u201d or \u201cthe Company\u201d) (TSX: HCG) announced today its intention to resume repurchases of its common shares under its Normal Course Issuer Bid (\u201cNCIB\u201d). Home Capital suspended such purchases in March of this year due to the onset of the COVID-19 pandemic. With the passage of time and continued stability in its financial performance, Home Capital believes that it is appropriate to resume repurchases under its NCIB. Home Capital also intends to apply to renew its NCIB prior to its expiry on January 21, 2021. The aggregate repurchases under both the current and renewed (subject to Toronto Stock Exchange approval) NCIB are not expected … <\/p>\n

Continue reading “Home Capital Resumes Purchases Under Normal Course Issuer Bid”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-406449","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nHome Capital Resumes Purchases Under Normal Course Issuer Bid - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/home-capital-resumes-purchases-under-normal-course-issuer-bid\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Home Capital Resumes Purchases Under Normal Course Issuer Bid - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Home Capital Resumes Purchases Under Normal Course Issuer Bid TORONTO–(BUSINESS WIRE)– Home Capital Group Inc. (\u201cHome Capital\u201d or \u201cthe Company\u201d) (TSX: HCG) announced today its intention to resume repurchases of its common shares under its Normal Course Issuer Bid (\u201cNCIB\u201d). Home Capital suspended such purchases in March of this year due to the onset of the COVID-19 pandemic. With the passage of time and continued stability in its financial performance, Home Capital believes that it is appropriate to resume repurchases under its NCIB. Home Capital also intends to apply to renew its NCIB prior to its expiry on January 21, 2021. The aggregate repurchases under both the current and renewed (subject to Toronto Stock Exchange approval) NCIB are not expected … Continue reading "Home Capital Resumes Purchases Under Normal Course Issuer Bid"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/home-capital-resumes-purchases-under-normal-course-issuer-bid\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-30T12:03:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201230005022r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/home-capital-resumes-purchases-under-normal-course-issuer-bid\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/home-capital-resumes-purchases-under-normal-course-issuer-bid\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Home Capital Resumes Purchases Under Normal Course Issuer Bid\",\"datePublished\":\"2020-12-30T12:03:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/home-capital-resumes-purchases-under-normal-course-issuer-bid\\\/\"},\"wordCount\":363,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/home-capital-resumes-purchases-under-normal-course-issuer-bid\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20201230005022r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/home-capital-resumes-purchases-under-normal-course-issuer-bid\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/home-capital-resumes-purchases-under-normal-course-issuer-bid\\\/\",\"name\":\"Home Capital Resumes Purchases Under Normal Course Issuer Bid - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/home-capital-resumes-purchases-under-normal-course-issuer-bid\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/home-capital-resumes-purchases-under-normal-course-issuer-bid\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20201230005022r1&sid=flmnd&distro=nx&lang=en\",\"datePublished\":\"2020-12-30T12:03:35+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/home-capital-resumes-purchases-under-normal-course-issuer-bid\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/home-capital-resumes-purchases-under-normal-course-issuer-bid\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/home-capital-resumes-purchases-under-normal-course-issuer-bid\\\/#primaryimage\",\"url\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20201230005022r1&sid=flmnd&distro=nx&lang=en\",\"contentUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20201230005022r1&sid=flmnd&distro=nx&lang=en\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/home-capital-resumes-purchases-under-normal-course-issuer-bid\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Home Capital Resumes Purchases Under Normal Course Issuer Bid\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Home Capital Resumes Purchases Under Normal Course Issuer Bid - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/home-capital-resumes-purchases-under-normal-course-issuer-bid\/","og_locale":"en_US","og_type":"article","og_title":"Home Capital Resumes Purchases Under Normal Course Issuer Bid - Market Newsdesk","og_description":"Home Capital Resumes Purchases Under Normal Course Issuer Bid TORONTO–(BUSINESS WIRE)– Home Capital Group Inc. (\u201cHome Capital\u201d or \u201cthe Company\u201d) (TSX: HCG) announced today its intention to resume repurchases of its common shares under its Normal Course Issuer Bid (\u201cNCIB\u201d). Home Capital suspended such purchases in March of this year due to the onset of the COVID-19 pandemic. With the passage of time and continued stability in its financial performance, Home Capital believes that it is appropriate to resume repurchases under its NCIB. Home Capital also intends to apply to renew its NCIB prior to its expiry on January 21, 2021. The aggregate repurchases under both the current and renewed (subject to Toronto Stock Exchange approval) NCIB are not expected … Continue reading \"Home Capital Resumes Purchases Under Normal Course Issuer Bid\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/home-capital-resumes-purchases-under-normal-course-issuer-bid\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-30T12:03:35+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201230005022r1&sid=flmnd&distro=nx&lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/home-capital-resumes-purchases-under-normal-course-issuer-bid\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/home-capital-resumes-purchases-under-normal-course-issuer-bid\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Home Capital Resumes Purchases Under Normal Course Issuer Bid","datePublished":"2020-12-30T12:03:35+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/home-capital-resumes-purchases-under-normal-course-issuer-bid\/"},"wordCount":363,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/home-capital-resumes-purchases-under-normal-course-issuer-bid\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201230005022r1&sid=flmnd&distro=nx&lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/home-capital-resumes-purchases-under-normal-course-issuer-bid\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/home-capital-resumes-purchases-under-normal-course-issuer-bid\/","name":"Home Capital Resumes Purchases Under Normal Course Issuer Bid - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/home-capital-resumes-purchases-under-normal-course-issuer-bid\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/home-capital-resumes-purchases-under-normal-course-issuer-bid\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201230005022r1&sid=flmnd&distro=nx&lang=en","datePublished":"2020-12-30T12:03:35+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/home-capital-resumes-purchases-under-normal-course-issuer-bid\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/home-capital-resumes-purchases-under-normal-course-issuer-bid\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/home-capital-resumes-purchases-under-normal-course-issuer-bid\/#primaryimage","url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201230005022r1&sid=flmnd&distro=nx&lang=en","contentUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201230005022r1&sid=flmnd&distro=nx&lang=en"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/home-capital-resumes-purchases-under-normal-course-issuer-bid\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Home Capital Resumes Purchases Under Normal Course Issuer Bid"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/406449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=406449"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/406449\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=406449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=406449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=406449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}