Computer Modelling Group (CMG.TO) said Friday launched a substantial issuer bid to purchase up to C$20 million of its shares via a modified Dutch auction.
The offer will end on Sept. 21.
The company's shares were last seen down C$0.10, or 2.5%, to C$3.89, on the Toronto Stock Exchange,
Price: $3.88, Change: $-0.10, Percent Change: -2.51%