Stock BuybacksBy The Online Investor Staff, updated Mon., Jan. 24, 12:53 PM
|This Slide: #11 of 25|
Slide #11. Cogeco Inc.
Cogeco Inc. (TSE:CGO.CA)
Share Amount Authorized:
Cogeco Inc. (the "Corporation" or "Cogeco") (TSX:CGO) announces that the Toronto Stock Exchange (the "TSX") has accepted its notice of intention for a normal course issuer bid in respect of its Subordinate Voting Shares (the "Subordinate Shares"). Purchases pursuant to the notice will not commence prior toJanuary 18, 2022and will not continue beyondJanuary 17, 2023. The notice will enable Cogeco to acquire up to 325,000 Subordinate Shares for cancellation, representing approximately 2.3% of the 14,399,638 Subordinated Shares outstanding as at January 4, 2022.
Cogeco is a holding corporation which operates in the communications and media sectors. Co.'s Cogeco Communications Inc. subsidiary provides residential and business customers with Internet, video and telephony services through its two-way broadband fibre networks, operating in Quebec and Ontario, Canada, under the Cogeco Connexion name, and in the U.S. under the Atlantic Broadband brand in various states. Co.'s Cogeco Media Inc. subsidiary owns and operates radio stations with complementary radio formats and coverage serving a range of audiences mainly across the province of Quebec, as well as Cogeco News, a news agency.
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