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
Canaccord Financial Inc. is publicly traded under the symbol CF on the TSX and
the symbol CF. on the London Stock Exchange.
North America media: Scott Davidson Executive Vice President, Global Head of
Corporate Development and Strategy Phone: 416-869-3875,
email:firstname.lastname@example.org For investor relations inquiries
contact: Andrea Sergautis Manager, Investor Relations & Communications Phone:
416-687-5507, email:email@example.com London media: Bobby
Morse or Ben Romney Buchanan (London) Phone: +44 (0) 207 466 5000,
email:firstname.lastname@example.org Broker: Oliver Hearsey or James Kelly RBC
Europe Limited Phone: +44 (0) 20 7653 4000, email:email@example.com
SOURCE: Canaccord Financial Inc.
To view this news release in HTML formatting, please use the following URL:
CO: Canaccord Financial Inc.
-0- Jun/27/2013 11:29 GMT
Press spacebar to pause and continue. Press esc to stop.