Ms. Christina Marinoff reports
CANACCORD GENUITY GROUP INC. DISCLOSES TRANSACTION IN OWN SHARES UNDER NORMAL COURSE ISSUER BID/BUY-BACK PROGRAMME
For the period of Oct. 1, 2015, to Oct. 7, 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 (NCIB)/buyback program announced on Aug. 10, 2015.
The highest and lowest daily average price paid for the purchased shares was $5.7118 and $5.3014 per common share, respectively, and the volume-weighted average price per common share was $5.5206.
The company has purchased 258,067 common shares under the 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 these shares, 218,067 have been cancelled, and the remaining 40,000 shares will be held in treasury until they are cancelled within the next 60 days.
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