CP's specific share repurchase program terminated; normal course issuer bid remains in effect
February 28 2018 - 5:48PM
PR Newswire (Canada)
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.
About Canadian Pacific
Canadian Pacific is a transcontinental railway in Canada and the
United States with direct links to major ports on the west
and east coasts, providing North American customers a competitive
rail service with access to key markets in every corner of the
globe. CP is growing with its customers, offering a suite of
freight transportation services, logistics solutions and supply
chain expertise. Visit cpr.ca to see the rail advantages of CP.
CP-IR
SOURCE Canadian Pacific
Copyright 2018 Canada NewsWire
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