TORONTO, June 3, 2013 /CNW/ - Canaccord Financial Inc. (the "Company",
TSX: CF, LSE: CF.) wishes to announce that during the week of May 27,
2013, it purchased 133,868 of its common shares through the facilities
of the TSX and alternative trading systems in accordance with the
requirements of the TSX, pursuant to the normal course issuer bid
(NCIB)/buy-back programme announced on August 8, 2012.
The highest and lowest price paid for the purchased shares was $6.0475
and $6.1273 per common share respectively and the volume weighted
average price per common share was $6.0904.
For the purposes of the Financial Conduct Authority's Disclosure and
Transparency Rules, the Company announces that as at May 31, 2013, the
total number of common shares in issue was 103,544,268 with each share
carrying the right to one vote. The 133,868 shares purchased in the
NCIB will be cancelled but until then are held in treasury. The total
of 103,410,400 common shares may therefore be used by shareholders in
the Company as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change
in their interest in, the share capital of the Company under the FCA's
Disclosure and Transparency Rules.
The Company has so far purchased 133,868 common shares under the
existing NCIB which authorizes it to purchase up to 3,000,000 of its
common shares between August 13, 2012 and August 12, 2013.
SOURCE: Canaccord Financial Inc.
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