TORONTO, Aug. 24, 2015 /CNW/ - Canaccord Genuity Group Inc. (the "Company") (TSX: CF, LSE: CF.) wishes to announce that for the period of August 17, 2015, to August 21, 2015, it purchased 25,000 of its common shares through the facilities of the TSX and alternative trading systems pursuant to the normal course issuer bid (NCIB)/buy-back programme announced on August 10, 2015.
The highest and lowest daily average price paid for the purchased shares was $6.0240 and $5.6460 per common share respectively and the volume weighted average price per common share was $5.8495.
The Company purchased 1,075,432 common shares under the NCIB which authorized it to purchase up to 5,100,049 of its common shares between August 13, 2014 and August 12, 2015. The company has so far purchased 102,567 common shares under the renewed NCIB/buy-back programme which authorizes it to purchase up to 5,163,736 of its common shares between August 13, 2015 and August 12, 2016. Of the shares purchased under both NCIBs, all but 244,550 have been cancelled; these 244,550 shares will be held in treasury until they are cancelled within the next 60 days.
ABOUT CANACCORD GENUITY GROUP INC.:
Through its principal subsidiaries, Canaccord Genuity Group Inc. (the "Company") is a leading independent, full-service financial services firm, with operations in two principal segments of the securities industry: wealth management and capital markets. Since its establishment in 1950, the Company has been driven by an unwavering commitment to building lasting client relationships. We achieve this by generating value for our individual, institutional and corporate clients through comprehensive investment solutions, brokerage services and investment banking services. The Company has offices in 10 countries worldwide, including Wealth Management offices located in Canada, Australia, the UK, Guernsey, Jersey, and the Isle of Man. Canaccord Genuity, the international capital markets division, operates in Canada, the US, the UK, France, Ireland, Hong Kong, China, Singapore, Australia and Barbados. To us there are no foreign markets.TM
Canaccord Genuity Group Inc. is publicly traded under the symbol CF on the TSX and the symbol CF. on the London Stock Exchange.
SOURCE Canaccord Genuity Group Inc.
Image with caption: "Canaccord Genuity Group Inc. (CNW Group/Canaccord Genuity Group Inc.)". Image available at: http://photos.newswire.ca/images/download/20150824_C9528_PHOTO_EN_44152.jpg
For further information:
North America media:
Executive Vice President, Global Head of Corporate Development and Strategy
Phone: 416-869-3875, email: [email protected]
For investor relations inquiries contact:
Vice President, Investor Relations & Communications
Phone: 416-687-5507, email: [email protected]
Phone: +44 (0) 20 7240 2486, email: [email protected]
RBC Europe Limited
Phone: +44 (0) 20 7653 4000, email: [email protected]