Business
Cogeco: Normal course issuer bid
Cogeco: Normal course issuer bid.
About this update from Cogeco Inc.
[{"type":"text","content":"\n\n\n\n\nMONTREAL, Dec. 22 /CNW Telbec/ - COGECO Inc. announces that the Toronto\nStock Exchange has accepted its notice of intention for a normal course issuer\nbid in respect of its Subordinate Voting Shares. Purchases pursuant to the\nnotice will not commence prior to December 28, 2005 and will not continue\nbeyond December 27, 2006.\nThe notice will enable COGECO to acquire up to 250,000 Subordinate Voting\nShares for cancellation representing 1.71% of the 14,600,104 outstanding\nshares of such class as at December 21, 2005.\nAll purchases will be made through the facilities and in accordance with\nthe requirements of the Toronto Stock Exchange.\nCOGECO considers that the purchase of Subordinate Voting Shares to be\nacquired constitutes an economically worthwhile use of its funds both for\nitself and its shareholders.\nNo Subordinate Voting Shares were purchased by COGECO under its previous\nNotice of Intention which terminated on December 22, 2005.\n\n\n","length":1028,"tagName":"div"}]