09:06:38 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Canaccord Genuity Group Inc
Symbol CF
Shares Issued 103,274,736
Close 2015-08-31 C$ 6.19
Market Cap C$ 639,270,616
Recent Sedar Documents

Canaccord buys back 26,000 shares from Aug. 24 to 31

2015-09-01 12:24 ET - News Release

Ms. Christina Marinoff reports

CANACCORD GENUITY GROUP INC. DISCLOSES TRANSACTION IN OWN SHARES UNDER NORMAL COURSE ISSUER BID/BUY-BACK PROGRAMME, CANCELLATION OF SHARES AND TOTAL VOTING RIGHTS

For the period of Aug. 24, 2015, to Aug. 31, 2015, Canaccord Genuity Group Inc. purchased 26,000 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 $5.9894 and $5.3876 per common share, respectively, and the volume-weighted average price per common share was $5.6640.

The company purchased 1,075,432 common shares under the NCIB 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 128,567 common shares under the renewed NCIB/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 NCIBs, 259,550 common shares were cancelled effective as of Aug. 31, 2015, and therefore (taken with shares previously cancelled), all but 11,000 have been cancelled; these 11,000 shares will be held in treasury until they are cancelled within the next 60 days.

In addition, the company holds in its treasury 718,675 common shares acquired by wholly owned subsidiaries from employees or former employees in accordance with pre-existing contractual arrangements.

For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the company announces that, as at Aug. 31, 2015, the total number of common shares in issue was 103,070,869. The company is not entitled to vote the shares held in treasury, but the common shares otherwise each carry the right to one vote. The figure 102,341,194 (the difference of the total number of common shares in issue less the number of shares held in treasury) may therefore be used by shareholders in the company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the company under the FCA's Disclosure and Transparency Rules.

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