This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Exfo to buy back up to 2.25 million shares 2009-11-06 13:10 ET - News Release Mr. Vance Oliver reports EXFO RENEWS NORMAL COURSE ISSUER BID Exfo Electro-Optical Engineering Inc. board of directors has authorized the renewal of its share repurchase program, by way of a normal course issuer bid (NCIB) on the open market, of up to 10 per cent (2,256,431 subordinate voting shares) of the public float (22,564,311 subordinate voting shares) as defined by the Toronto Stock Exchange.
Exfo had 22,749,965 subordinate voting shares outstanding on Nov. 2, 2009. As of the date of this notice, Exfo has repurchased in the course of the previous renewal of its NCIB a total of 311,872 shares, being 273,600 shares on the TSX at an average amount of $3.48 and 38,272 shares on the Nasdaq Stock Market at an average amount of $3.08. (U.S.) The previous renewal of the NCIB has been effective since Nov. 10, 2008, and will expire on Nov. 9, 2009. In addition, Exfo repurchased in December, 2008, 7,692,307 shares in the course of a substantial issuer bid at an average amount of $3.90.
The remainder is available to Stockwatch subscribers.
If you would like to give the Stockwatch system a try,
click here for a free 30 day trial subscription. |
Top
Print this Page