Business News • MarketWire • Dominion Citrus Income Fund (TMX:DOM.UN): TMX Approves Normal Course Issuer Bid |
Dominion Citrus Income Fund (TMX:DOM.UN): TMX Approves Normal Course Issuer Bid |
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Dominion Citrus Income Fund (TMX:DOM.UN): TMX Approves Normal Course Issuer Bid
TORONTO, ONTARIO--(Marketwire - April 5, 2010) - Dominion Citrus Income Fund (TSX:DOM.UN)
Dominion Citrus Income Fund ("Dominion", the "Fund") listed on the TSX under the symbol DOM.UN announces today that the Toronto Stock Exchange (TSX) accepted notice of the Fund's intention to continue with a Normal Course Issuer Bid. The Fund may acquire for cancellation up to 1,495,675 units of the Fund representing approximately 10% of the public float of 14,956,748 units. As at March 30, 2010 the Fund had 19,756,688 units outstanding. The average daily trading volume ("ADTV") for the six months ending February 28, 2010 was 8,370 units. The daily repurchase restriction during the course of the bid is 2,093 units. Purchases under this bid may commence April 6th, 2010 and will expire on April 5th, 2011.
View More : http://www.marketwire.com/mw/release.do?id=1142396&sourceType=3
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