Business News • MarketWire • Matrix Announces Renewal of Normal Course Issuer Bid |
Matrix Announces Renewal of Normal Course Issuer Bid |
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Matrix Announces Renewal of Normal Course Issuer Bid
TORONTO, ONTARIO--(Marketwire - Jan. 19, 2012) - Matrix Asset Management Inc. ("Matrix") (TSX:MTA) announced today that it has filed a Notice of Intention to make a normal course issuer bid ("NCIB") whereby it may purchase through the facilities of the TSX up to 800,000 of its common shares, representing approximately 1.85% of its total issued and outstanding common shares of 43,209,203 as of today's date (which number excludes unreleased restricted common shares issued under Matrix's Restricted Share Plan). The NCIB is subject to acceptance by the Toronto Stock Exchange ("TSX").
View More : http://www.marketwire.com/mw/release.do?id=1608991&sourceType=3
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