Canaccord Genuity Group Inc. discloses transaction in own shares under normal course issuer bid/buy-back programme
Canaccord Genuity Group Inc. discloses transaction in own shares under normal course issuer bid/buy-back programme
Canada NewsWire
TORONTO, Nov. 9, 2015
TORONTO, Nov. 9, 2015 /CNW/ - Canaccord Genuity Group Inc. (the
"Company") (TSX: CF, LSE: CF.) wishes to announce that for the period
of November 2 to 6, 2015, it purchased 25,000 of its common shares
through the facilities of the TSX and alternative trading systems
pursuant to the normal course issuer bid (NCIB)/buy-back programme
announced on August 10, 2015.
The highest and lowest daily average price paid for the purchased shares
was $5.0993 and $4.8682 per common share respectively and the volume
weighted average price per common share was $4.9937.
The Company has purchased 362,767 common shares under the NCIB/buy-back
programme which authorizes it to purchase up to 5,163,736 of its common
shares between August 13, 2015 and August 12, 2016. Of these shares,
322,767 have been cancelled and the remaining 40,000 shares will be
held in treasury until they are cancelled within the next 60 days.
ABOUT CANACCORD GENUITY GROUP INC.:
Through its principal subsidiaries, Canaccord Genuity Group Inc. (the
"Company") is a leading independent, full-service financial services
firm, with operations in two principal segments of the securities
industry: wealth management and capital markets. Since its
establishment in 1950, the Company 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. The Company has offices in 10
countries worldwide, including Wealth Management offices located in
Canada, Australia, the UK, Guernsey, Jersey, and the Isle of Man.
Canaccord Genuity, the international capital markets division, operates
in Canada, the US, the UK, France, Ireland, Hong Kong, China,
Singapore, Australia and Barbados. To us there are no foreign markets.TM
Canaccord Genuity Group Inc. is publicly traded under the symbol CF on
the TSX and the symbol CF. on the London Stock Exchange.
SOURCE Canaccord Genuity Group Inc.
Image with caption: "Canaccord Genuity Group Inc. (CNW Group/Canaccord Genuity Group Inc.)". Image available at: http://photos.newswire.ca/images/download/20151109_C9228_PHOTO_EN_44426.jpg
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:
Christina Marinoff
Vice President, Investor Relations & Communications
Phone: 416-687-5507, email: christina.marinoff@canaccord.com
London media:
Robert Morgan
Stockwell
Phone: +44 (0) 20 7240 2486, email: robert.morgan@stockwellgroup.com
Brokers:
Oliver Hearsey
RBC Europe Limited
Phone: +44 (0) 20 7653 4000, email: oliver.hearsey@rbccm.com
Simon Hardy or Alex Collins
Jefferies International Limited
Phone: +44 (0) 20 7029 8000, email: simon.hardy@jefferies.com;
alex.collins@jefferies.com
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