Brompton Stable Income Fund Renews Normal Course Issuer Bid.TORONTO Toronto (tərŏn`tō), city (1998 est pop. 2,400,000), provincial capital, S Ont., Canada, on Lake Ontario. Toronto is the largest city in Canada and since the 1970s has been one of the fastest-changing cities in North America, experiencing -- Brompton Brompton may refer to:
TSX Transfer from Stack Pointer to Index TSX True Space Extension :BSR BSR Business for Social Responsibility BSR Baltic Sea Region BSR British Society for Rheumatology BSR Bootstrap Router (networking) BSR Bonsoir (French) BSR Bottom-Simulating Reflector .UN) intends to renew its normal course issuer bid through the facilities of the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. to purchase up to 593,600 units of the Fund representing approximately 10% of the public float of 5,936,686 units. The Fund had 5,956,686 units issued and outstanding as at January 9, 2006. Since January 24, 2005, the Fund has purchased 163,300 units under its current bid at an average price of $12.69 per unit and has subsequently cancelled such units. The units may be purchased for cancellation from January 24, 2006 to January 23, 2007 through the facilities of the Toronto Stock Exchange and may only be purchased at a price per unit not exceeding the last published net asset value per unit. Purchases pursuant to the normal course issuer bid would be accretive and therefore enhance returns to continuing unitholders. Further information on the Fund is available at www.bromptongroup.com. Brompton Stable Income Fund (TSX:BSR.UN) |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion