National Bank of Canada confirms new normal course issuer

MONTREAL, June 18, 2013 /CNW Telbec/ - National Bank of Canada (the "Bank") 
(NA) announces today that the Toronto Stock Exchange (the "TSX") and the 
Office of the Superintendent of Financial Institutions Canada ("OSFI") have 
approved the Bank's new normal course issuer bid to purchase for cancellation 
up to 3,248,114 common shares, through the facilities of the TSX, representing 
approximately 2% of its issued and outstanding common shares. 
The normal course issuer bid will begin on June 20, 2013 and will end no later 
than June 19, 2014. All purchases will be made through the facilities of the 
TSX in accordance with applicable regulatory requirements. The Bank will 
determine the number of common shares that may be purchased and the timing of 
any such purchases. The Bank will only make purchases under the bid after 
consulting with OSFI. The price the Bank will pay for any shares purchased 
under the normal course issuer bid will be the market price for the common 
shares on the TSX at the time of acquisition. 
There were 162,405,715 common shares of the Bank issued and outstanding as at 
June 10, 2013. Under the normal course issuer bid which will end on June 19, 
2013, the Bank purchased and cancelled 1,000,000 common shares at an average 
price of $74.7069 per common share.The average daily trading volume (the 
"ADTV") of the Bank's common shares over the last six completed calendar 
months, calculated in accordance with the rules of the TSX, was 602,199. Under 
the rules of the TSX, the Bank is entitled to repurchase during the same 
trading day up to 25% of the ADTV of its common shares, being 150,549 (other 
than purchases made pursuant to the block purchase exception). 
The Bank believes that the normal course issuer bid represents a proper 
utilization of the Bank's available funds as part of the Bank's capital 
management strategy. 
About National Bank of Canada
With $185 billion in assets as at April 30, 2013, National Bank of Canada 
(www.nbc.ca), together with its subsidiaries, forms one of Canada's leading 
integrated financial groups, and was named among the 20 strongest banks in the 
world by Bloomberg Markets. The Bank has close to 20,000 employees and is 
widely recognized as a top employer. Its securities are listed on the Toronto 
Stock Exchange (TSX: NA). Follow the Bank's activities via social media and 
learn more about its extensive community involvement at clearfacts.ca and 
commitment.nationalbank.ca. 
(The telephone numbers provided below are for the exclusive use of  
journalists, other media representatives and shareholders.) 
Claude Breton Assistant Vice-President, Public Affairs National Bank of Canada 
Tel.: 514-394-8644 
Hélène Baril Senior Director, Investor Relations National Bank of Canada 
Tel.: 514-394-0296 
SOURCE: National Bank of Canada 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/June2013/18/c9072.html 
CO: National Bank of Canada
ST: Quebec
NI: FIN FIN  
-0- Jun/18/2013 11:47 GMT
 
 
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