GCG Guardian Capital Group Ltd

Guardian Capital Group Limited ("Guardian") (TSX:GCG)(TSX:GCG.A) announced today
an increase to the number of non-voting Class A Shares that it intends to
purchase by means of its current Normal Course Issuer Bid. Guardian intends to
purchase, during the period from November 14, 2008 to November 13, 2009, up to
111,900 or 2% of its Common Shares, entitled to one vote per share, and up to
2,818,537 or 10% of the public float of its non-voting Class A Shares. These
shares will be purchased at market prices, on the Toronto Stock Exchange. There
were 5,594,998 Common Shares and 32,859,626 Class A Shares outstanding at
November 6, 2008. Guardian intends to purchase the shares for cancellation
because it believes that they are good value to Guardian at recent and current
prices.


To date, under its Normal Course Issuer Bid in effect since November 14, 2008,
Guardian has purchased for cancellation no Common Shares and 2,087,507 Class A
Shares, at an average price of $3.98 per Class A Share.


The average daily trading volume for Guardian's shares on the Toronto Stock
Exchange during the period of May 1, 2008 to October 31, 2008, excluding
purchases made by Guardian under its previous Normal Course Issuer Bid during
the same period, was as follows: Common Shares - 693 shares; and Class A Shares
- 40,421 shares. Except as otherwise permitted by the Toronto Stock Exchange,
the maximum aggregate daily purchase under the bid will be 1,000 Common Shares
and 10,105 Class A Shares.


Guardian has filed an Amended Notice of Intention to Make a Normal Course Issuer
Bid with the Toronto Stock Exchange, which Notice has been accepted by the
Exchange.

Guardian Capital (TSX:GCG)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024

Guardian Capital (TSX:GCG)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024