Mr. Scott Davidson reports
CANACCORD GENUITY GROUP INC. DISCLOSES TRANSACTION IN OWN SHARES UNDER NORMAL COURSE ISSUER BID/BUY-BACK PROGRAMME
Canaccord Genuity Group Inc., for the period of Sept. 1, 2015, to Sept. 4, 2015, purchased 20,000 of its common shares through the facilities of the Toronto Stock Exchange and alternative trading systems pursuant to the normal course issuer bid (NCIB)/buyback program announced on Aug. 10, 2015.
The highest and lowest daily average price paid for the purchased shares was $5.9178 and $5.5668 per common share, respectively, and the volume-weighted average price per common share was $5.7685.
The company has purchased 148,567 common shares under the NCIB/buy-back program which authorizes it to purchase up to 5,163,736 of its common shares between Aug. 13, 2015, and Aug. 12, 2016. Of these shares, 117,567 have been cancelled, and the remaining 31,000 shares will be held in treasury until they are cancelled within the next 60 days.
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