Canadian Pacific Railway Limited amends normal course issuer bid
28 Aprile 2007 - 12:30AM
PR Newswire (US)
CALGARY, April 27 /PRNewswire-FirstCall/ -- Canadian Pacific
Railway Limited (TSX/NYSE:CP) has filed with the Toronto Stock
Exchange (TSX) an amendment to its previously filed notice of its
intention to make normal course issuer bid purchases in order to
increase the number of common shares it may purchase. The increase
allows CP to purchase up to 15,250,010 of its common shares during
the 12-month period ending March 27, 2008. This represents
approximately 9.8% of the public float of common shares outstanding
on March 15, 2007, the date of CP's previously filed notice.
Purchases may be made through the facilities of the TSX or the New
York Stock Exchange (NYSE) or such other means permitted by law.
The ability to make certain purchases through the NYSE is subject
to CP obtaining approval from Canadian securities regulatory
authorities. Canadian Pacific, through the ingenuity of its
employees located across Canada and in the United States, remains
committed to being the safest, and most fluid railway in North
America. Our people are the key to delivering innovative
transportation solutions to our customers and to ensuring the safe
operation of our trains through the more than 900 communities where
we operate. Our combined ingenuity makes CP a better place to work,
rail a better way to ship, and North America a better place to
live. Come and visit us at http://www.cpr.ca/ to see how we can put
our ingenuity to work for you. Canadian Pacific is proud to be the
official rail freight services provider for the Vancouver 2010
Olympic and Paralympic Winter Games. DATASOURCE: Canadian Pacific
Railway CONTACT: Media: Leslie Pidcock, Tel.: (403) 319-6878,
e-mail: ; Investment Community: Janet Weiss, Assistant
Vice-President Investor Relations, Tel.: (403) 319-3591, e-mail:
Copyright