Home Capital Group Inc. announces Normal Course Issuer Bid

TORONTO, Sept. 12, 2013 /CNW/ - Home Capital Group Inc. (TSX: HCG) announced 
today that it has filed with the Toronto Stock Exchange a Notice of Intention 
to make a Normal Course Issuer Bid, as approved by Home Capital's Board of 
Directors, pursuant to which Home Capital may purchase for cancellation up to 
3,189,788 of its Common Shares, representing approximately 10.0% of its 
31,897,875 public float of issued and outstanding Common Shares. As of 
September 10, 2013, there are 34,733,590 Common Shares outstanding. The 
average daily trading volume from March 1, 2013 to August 31, 2013 was 137,247 
shares. Daily purchases will be limited to 34,311 Common Shares, other than 
block purchase exceptions. The purchases may commence on September 16, 2013, 
and will terminate on September 15, 2014, or on such earlier date as Home 
Capital may complete its purchases pursuant to the Notice of Intention. The 
purchases made by Home Capital will be effected through the facilities of TSX 
and in accordance with the rules of TSX. The price that Home Capital will pay 
for any Common Shares will be the market price of such shares at the time of 
acquisition. Home Capital will make no purchases of Common Shares other than 
open-market purchases. 
Pursuant to its Normal Course Issuer Bid for Common Shares commencing 
September 15, 2012, which expires September 14, 2013, Home Capital purchased 
92,400 shares at a weighted average price of $55.33 per share. 
Home Capital believes that, from time to time, the market price of its Common 
Shares does not fully reflect the value of its business and its future 
business prospects. As a result, Home Capital believes that its outstanding 
Common Shares may represent an appropriate and desirable use of its available 
Home Capital Group Inc. is a public company, traded on the Toronto Stock 
Exchange (HCG), operating through its principal subsidiary, Home Trust 
Company. Home Trust is a federally regulated trust company offering deposit, 
residential and non-residential mortgage lending, securitization of insured 
residential first mortgage products, consumer lending, Visa and payment card 
services. Licensed to conduct business across Canada, Home Trust has offices 
in Ontario, Alberta, British Columbia, Nova Scotia, Quebec and Manitoba.

SOURCE  Home Capital Group Inc. 
Gerald M. Soloway, CEO, or Martin Reid, President 416-360-4663 
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CO: Home Capital Group Inc.
ST: Ontario
-0- Sep/12/2013 17:17 GMT
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