Business News • MarketWire • National Bank of Canada Announces an Amendment to its Normal Course Issuer Bid |
National Bank of Canada Announces an Amendment to its Normal Course Issuer Bid |
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National Bank of Canada Announces an Amendment to its Normal Course Issuer Bid
MONTREAL, QUEBEC--(Marketwire - July 28, 2011) - National Bank of Canada (the "Bank") (TSX:NA) has received acceptance from the Toronto Stock Exchange ("TSX") and the Office of the Superintendent of Financial Institutions Canada ("OSFI") of an amendment to the terms of its current normal course issuer bid. The amended bid increases the maximum number of issued and outstanding common shares that may be purchased according to the original normal course issuer bid by allowing the purchase of up to 7,127,132 common shares, representing 4.37% of the 162,955,629 issued and outstanding common shares of the Bank as of July 15, 2011 (and 4.36% of the 163,438,750 issued and outstanding common shares as of January 17, 2011, when the Bank filed its initial application with the TSX).
View More : http://www.marketwire.com/mw/release.do?id=1543572&sourceType=3
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