TORONTO, Jan. 12 /CNW/ - Sears Canada Inc. (TSX: SCC) (the "Company" or
"Sears Canada") today announced that it has entered into a pre-defined
plan with a designated broker to allow for the repurchase of its common
shares under its previously announced normal course issuer bid at times
when Sears Canada ordinarily would not be active in the market due to
its own internal trading blackout periods, insider trading rules, or
Sears Canada is a multi-channel retailer with a network of 196 corporate
stores, 260 hometown dealer stores, 33 home improvement showrooms, over
1,800 catalogue merchandise pick-up locations, 108 Sears Travel offices
and a nationwide home maintenance, repair, and installation network.
The Company also publishes Canada's most extensive general merchandise
catalogue and offers shopping online at www.sears.ca.
SOURCE Sears Canada Inc.
For further information:
|Contact for Media: ||Vincent Power|
Sears Canada, Corporate Communications