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Coveo Announces Preliminary Results of Substantial Issuer Bid and Receipt of AMF Exemptive Relief

Newswire.ca - Thu Jul 11, 6:30AM CDT

MONTREAL and SAN FRANCISCO, July 11, 2024 /CNW/ - Coveo Solutions Inc. ("Coveo" or the "Company") (TSX: CVO), the leading enterprise AI platform that brings AI search and generative AI (GenAI) to every point–of-experience, enabling remarkable personalized digital experiences, announced today the preliminary results of its substantial issuer bid (the "SIB"), pursuant to which Coveo offered to purchase for cancellation a number of its subordinate voting shares ("Subordinate Voting Shares") for an aggregate purchase price not to exceed C$50 million at a purchase price of not less than C$7.70 and not more than C$9.25 per Subordinate Voting Share. The SIB expired at 5:00 p.m. (Montreal time) on Wednesday, July 10, 2024 (the "Expiration Time").

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