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Canaccord Genuity Group Inc. discloses transaction in own shares under normal course issuer bid/buy-back programme, cancellation of shares and total voting rights
Canaccord Genuity Group Inc. discloses transaction in own shares under normal course issue...
About this update from Canaccord Genuity Group Inc.
[{"type":"text","content":"\n\n\n\nCanaccord Genuity Group Inc. discloses transaction in own shares under normal course issuer bid/buy-back programme, cancellation of shares and total voting rights\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nCanaccord Genuity Group Inc. discloses transaction in own shares under normal course issuer bid/buy-back programme, cancellation of shares and total voting rights\nCanada NewsWire\nTORONTO, Nov. 2, 2015\n\n\n\n\n\n\nTORONTO, Nov. 2, 2015 /CNW/ - Canaccord Genuity Group Inc. (the \"Company\") (TSX: CF, LSE: CF.) wishes to announce that for the period of October 29 and 30, 2015, it purchased 10,000 of its common shares through the facilities of the TSX and alternative trading systems pursuant to the normal course issuer bid (NCIB)/buy-back programme announced on August 10, 2015.\n\nThe highest and lowest daily average price paid for the purchased shares was $5.0466 and $5.0202 per common share respectively and the volume weighted average price per common share was $5.0334.\n\nThe Company has purchased 337,767 common shares under the NCIB/buy-back programme which authorizes it to purchase up to 5,163,736 of its common shares between August 13, 2015 and August 12, 2016. Of these shares, 104,700 common shares were cancelled effective as of October 30, 2015, and therefore (taken with shares previously cancelled) all but 15,000 have been cancelled; these 15,000 shares will be held in treasury until they are cancelled within the next month. \n\nIn addition, the Company holds in its treasury 717,873 common shares acquired by wholly-owned subsidiaries from employees or former employees in accordance with pre-existing contractual arrangements.\n\nFor the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the Company announces that, as at October 31, 2015, the total number of common shares in issue was 103,074,647. The Company is not entitled to vote the shares held in treasury but the common shares otherwise each carry the right to one vote. The figure 102,341,774 (the difference of the total number of common shares in issue less the num...