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 Jan. 5, 2015, to Jan. 9, 2015, purchased 24,800 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. 8, 2014.
The highest and lowest daily average price paid for the purchased shares was $7.6198 and $7.5127 per common share, respectively, and the volume-weighted average price per common share was $7.5524.
The company has so far purchased 837,349 common shares under the NCIB, 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, 792,549 have been cancelled, and the remaining 44,800 will be held in treasury until they are cancelled within the next 60 days.
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