Mr. Scott Davidson reports
CANACCORD GENUITY GROUP INC. DISCLOSES TRANSACTION IN OWN SHARES UNDER NORMAL COURSE ISSUER BID/BUY-BACK PROGRAMME
For the period of Dec. 1, 2014, to Dec. 5, 2014, Canaccord Genuity Group Inc. purchased 328,866 of its common shares through the facilities of the Toronto Stock Exchange and alternative trading systems pursuant to the normal course issuer bid/buyback program announced on Aug. 8, 2014.
The highest and lowest daily average prices paid for the purchased shares were $8.8234 and $8.0559 per common share, respectively, and the volume-weighted average price per common share was $8.4236.
The company has so far purchased 683,749 common shares under the normal course issuer bid, which authorizes it to purchase up to 5,100,049 of its common shares between Aug. 13, 2014, and Aug. 12, 2015. Of these shares, 354,883 have been cancelled, and the remaining 328,866 will be held in treasury until they are cancelled within the next 60 days.
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