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EXFO Inc Renews Normal Course Issuer Bid

Wednesday, 7 Nov 2012 09:00am EST 

EXFO Inc announced that its Board of Directors has authorized the renewal of its share repurchase program, by way of a normal course issuer bid (NCIB) on the open market, of up to 10% (2,072,721 subordinate voting shares) of the public float (20,727,212 subordinate voting shares) as defined by the Toronto Stock Exchange. EXFO had 28,822,515 subordinate voting shares outstanding on November 1, 2012. As of November 1, 2012, EXFO has repurchased in the course of the previous renewal of its NCIB a total of 468,148 shares, being 275,596 shares on the TSX at an average amount of CA$ 4.99 and 192,552 shares on the NASDAQ at an average amount of USD 5.00. The previous renewal of the NCIB has been effective since November 10, 2011 and will expire on November 9, 2012. 

Company Quote

0.02 +0.40%
31 Jul 2014