NORMAL COURSE ISSUER BID PROGRAM ("NCIB") On a full-year basis, the Company repurchased 14.5 million common shares for cancellation at a cost of $1,729 million.
From time to time, the Company participates in an automatic share purchase plan ("ASPP") with a broker in order to facilitate the repurchase of the Company's common shares under its NCIB. During the effective period of the ASPP, the Company's broker may purchase common shares at times when the Company would not be active in the market.