IGM Financial Inc.-Normal Course Issuer Bid Approved

IGM Financial Inc.-Normal Course Issuer Bid Approved 
WINNIPEG, MANITOBA -- (Marketwired) -- 04/10/13 -- IGM Financial Inc.
(TSX:IGM) today announced receipt of regulatory approval respecting
its intention to continue its Normal Course Issuer Bid through the
facilities of the Toronto Stock Exchange from April 12, 2013 to April
11, 2014. 
The Corporation intends to purchase for cancellation, by means of
open market transactions or such other means as may be permitted by
the Toronto Stock Exchange, up to but not more than 12,595,114 of its
issued common shares, representing 5 percent of the approximately
251,902,278 common shares outstanding on March 31, 2013. Daily
repurchases will be limited to 57,753 common shares, other than block
purchase exceptions. Purchases made on the open market through the
facilities of the TSX and alternative trading systems will be at the
prevailing market price at the time of acquisition. 
The average daily trading volume for the six months preceding the
date hereof is 231,010 common shares. Within the past 12 months, the
Corporation has purchased an aggregate of 4,926,900 common shares at
an average price of $39.4514 per share pursuant to its then
outstanding Normal Course Issuer Bid. 
In connection with its Normal Course Issuer Bid the Corporation
established an automatic securities purchase plan for its common
shares. The automatic securities purchase plan was established to
provide standard instructions regarding how IGM Financial's common
shares are to be purchased under its Normal Course Issuer Bid during
certain pre-determined trading blackout periods, subject to
pre-established parameters. Outside of these pre-determined trading
blackout periods, purchases under the Corporation's Normal Course
Issuer Bid will be completed based upon management's discretion. 
The Board of Directors has authorized this initiative because, in the
Board's opinion, such purchase constitutes an appropriate use of
funds which will benefit both the Corporation and its shareholders.
The normal course issuer bid is being established to mitigate the
dilutive effect of stock options issued under the Corporation's stock
option plan and for other capital management purposes. 
IGM Financial Inc. is one of Canada's premier personal financial
services companies, and one of the country's largest managers and
distributors of mutual funds and other managed asset products, with
approximately $126 billion in total assets under management. Its
activities are carried out principally through Investors Group
through a network of approximately 4,500 Consultants, Mackenzie
Financial Corporation through a diversified network of third-party
financial advisors and Investment Planning Counsel through a network
of financial planners who are dedicated to serving the needs of their
clients. IGM Financial Inc. is a member of the Power Financial
Corporation group of companies.
Contacts:
IGM Financial Inc.
Ron Arnst
Media Relations
(204) 956 3364
ron.arnst@igmfinancial.com