|Methanex Corporation - MX.t is the world's largest supplier of methanol to major international markets in North America, Asia Pacific, Europe and Latin America. |
Methanex has manufacturing, marketing and supply chain capabilities in North America, Latin America, Europe, the Caribbean, the Middle East and throughout the Asia Pacific region.
Methanex Corp.'s board of directors has approved a normal course issuer bid whereby the company will purchase for cancellation up to 6,590,095 common shares, representing 10 per cent of the public float at the time of the announcement of the NCIB and the maximum number of shares that may be purchased under the NCIB. Purchases under the NCIB will commence on March 13, 2018, and end no later than March 12, 2019. Purchases will be made from time to time at the then-current market price of the shares and all shares purchased will be cancelled.