TORONTO, Feb. 2, 2015 /CNW/ - Canaccord Genuity Group Inc. (the "Company") (TSX: CF, LSE: CF.) wishes to announce that for the period of January 26, 2015, to January 30, 2015, it purchased 24,900 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 8, 2014.
The highest and lowest daily average price paid for the purchased shares was $6.6062 and $6.3344 per common share respectively and the volume weighted average price per common share was $6.4789.
Also, effective as of January 30, 2015, 104,600 common shares held in treasury from purchases pursuant to this NCIB/buy-back programme were cancelled.
The Company has so far purchased 912,049 common shares under the NCIB which authorizes it to purchase up to 5,100,049 of its common shares between August 13, 2014 and August 12, 2015. Of these shares, 897,149 have been cancelled and the remaining 14,900 will be held in treasury until they are cancelled within the next 60 days.
For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the Company announces that as at January 31, 2015, the total number of common shares in issue was 101,779,237 with each share carrying the right to one vote. This total may 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.
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 and Europe. Canaccord Genuity, the international capital markets division, operates in Canada, the US, the UK, France, Germany, 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.
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