Canaccord Financial Inc. discloses transaction in own shares under normal course issuer bid/buy-back programme
TORONTO, June 27, 2013 /CNW/ - Canaccord Financial Inc. (the "Company")
(TSX: CF), (LSE: CF.) wishes to announce that for the period from June
20, 2013, to June 26, 2013, it purchased 196,900 of its common shares
through the facilities of the TSX and alternative trading systems in
accordance with the requirements of the TSX pursuant to the normal
course issuer bid (NCIB)/buy-back programme announced on August 8,
2012.
The highest and lowest daily average price paid for the purchased shares
was $5.9144 and $5.3266 per common share respectively and the volume
weighted average price per common share was $5.5812.
The Company has so far purchased 518,336 common shares under the
existing NCIB which authorizes it to purchase up to 3,000,000 of its
common shares between August 13, 2012 and August 12, 2013. These shares
will be cancelled but until that happens are held in treasury.
ABOUT CANACCORD FINANCIAL INC.:
Through its principal subsidiaries, Canaccord Financial Inc. is a
leading independent, full-service financial services firm, with
operations in two principal segments of the securities industry: wealth
management and global capital markets. Since its establishment in
1950, Canaccord has been driven by an unwavering commitment to building
lasting client relationships. We achieve this by generating value for
our individual, institutional and corporate clients through
comprehensive investment solutions, brokerage services and investment
banking services. Canaccord has offices in 13 countries worldwide,
including Wealth Management offices located in Canada, Australia, the
UK and Europe. Canaccord Genuity, the international capital markets
division, operates in Canada, the US, the UK, France, Germany, Ireland,
Italy, Hong Kong, mainland China, Myanmar, Singapore, Australia and
Barbados.
Canaccord Financial Inc. is publicly traded under the symbol CF on the
TSX and the symbol CF. on the London Stock Exchange.
SOURCE: Canaccord Financial Inc.
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North America media:
Scott Davidson
Executive Vice President, Global Head of Corporate Development and Strategy
Phone: 416-869-3875, email: scott.davidson@canaccord.com
For investor relations inquiries contact:
Andrea Sergautis
Manager, Investor Relations & Communications
Phone: 416-687-5507, email: andrea.sergautis@canaccord.com
London media:
Bobby Morse or Ben Romney
Buchanan (London)
Phone: +44 (0) 207 466 5000, email: bobbym@buchanan.uk.com
Broker:
Oliver Hearsey or James Kelly
RBC Europe Limited
Phone: +44 (0) 20 7653 4000, email: oliver.hearsey@rbccm.com
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