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RONA inc. Cumulative Floating Rate Series 7 Class T.RON.PR.B



TSX:RON.PR.B - Post by User

Post by vessobon Jun 29, 2012 7:11am
275 Views
Post# 20067398

Caisse Depot now owns 12% of RONA

Caisse Depot now owns 12% of RONA

June 28, 2012 CNW

 

 

The Caisse de dépôt et placement du Québec acquires common shares of Rona inc.

MONTREALJune 28, 2012 /CNW Telbec/ - The Caisse de dépôt et placement du Québec ("Caisse") announces that it has acquired, on the Toronto Stock Exchange, ownership and control over 75 000 common shares of Rona inc. [TSX: RON] ("Rona"), representing approximately 0.06% of Rona's currently outstanding common shares, at an average price of CA$ 10.53 per share. Since its last press release on December 13, 2011, Caisse has acquired 1 508 400 of Rona's common shares.

Prior to this acquisition, the Caisse held 14 711 000 common shares of Rona and, following today' acquisition, the number of Rona's common shares held by the Caisse will be 14 786 000 or 12.18% % of common shares outstanding.

This transaction was made for investment purposes and the Caisse could increase or decrease its investments in Rona, depending on market conditions or any other relevant factor.

 

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