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 Aug. 17, 2015, to Aug. 21, 2015, Canaccord Genuity Group Inc. purchased 25,000 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. 10, 2015.
The highest and lowest daily average prices paid for the purchased shares
were $6.0240 and $5.6460 per common share, respectively, and the volume-weighted average price per common share was $5.8495.
The company purchased 1,075,432 common shares under the normal course issuer bid, which
authorized it to purchase up to 5,100,049 of its common shares, between
Aug. 13, 2014, and Aug. 12, 2015. The company has so far purchased
102,567 common shares under the renewed normal course issuer bid/buyback program, which
authorizes it to purchase up to 5,163,736 of its common shares between
Aug. 13, 2015, and Aug. 12, 2016. Of the shares purchased under both
normal course issuer bids, all but 244,550 have been cancelled; these 244,550 shares will
be held in treasury until they are cancelled within the next 60 days.
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