TFI International (TSX:TFII) saw a 2.74% increase in its stock price today, riding on news that the Toronto Stock Exchange had approved the renewal of the company’s normal course issuer bid. TFI International may now repurchase a maximum of 7,000,000 shares for cancellation. What does this mean for the company moving forward?
Every once in a while investors are given the chance to invest in a company that provides a very unique opportunity. That opportunity is excellent growth to go along with a rock solid dividend and low valuations.
There aren’t too many stocks like this on the TSX, but one of them is quietly posting record breaking earnings and still losing value.