The Online Investor

Slideshow Stock Buybacks

By The Online Investor Staff, updated Sat., May. 8, 7:20 AM

Slide #16. Cogeco Communications Inc.

Company: Cogeco Communications Inc. (TSE:CCA.CA)
Share Amount Authorized: 2,068,000
Buyback Details: Cogeco Communications Inc. (the "Corporation" or "Cogeco Communications") 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 to May 4, 2021 and will not continue beyond May 3, 2022. The notice will enable Cogeco Communications to acquire up to 2,068,000 Subordinate Shares for cancellation, representing approximately 10% percent of the 20,686,393 shares constituting the "public float" of the Corporation's issued and outstanding Subordinate Shares as of April 21, 2021. Cogeco Communications had 31,677,243 Subordinate Shares issued and outstanding as of April 21, 2021.

Cogeco Communications is a communications corporation. Co. is a cable operator in North America, operating in Canada under the Cogeco Connexion name in Québec and Ontario, and along the East Coast of United States under the Atlantic Broadband brand (in 11 states from Maine to Florida). Co. has two operating segments: Canadian broadband services and American broadband services. The Canadian and American broadband services segments provide a range of Internet, video and telephony services primarily to residential customers as well as business services across its coverage areas. Co.'s core suite of offerings are: Internet services, video services, telephony services and business services.
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Company Name: 
Cogeco Communications Inc
Website: 
www.corpo.cogeco.com
Sector: 
Communications Services
 

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