CALGARY, Feb. 28, 2018 /CNW/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) announced today that the third-party seller under the specific share repurchase program announced on February 14, 2018 ("the Program") has exercised its right to terminate the Program. CP purchased an aggregate of 20,000 common shares under the Program for an aggregate purchase price of $4,471,960. All common shares acquired under the Program were cancelled upon purchase by CP.
The Program formed part of CP's normal course issuer bid announced on May 10, 2017, which continues to be in effect.
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SOURCE Canadian Pacific