Logibec Announces Normal Course Issuer Bid.MONTREAL -- Logibec Groupe Informatique Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :LGI LGI Leeds General Infirmary (UK) LGI Law Governed Interaction LGI Law-Governed Interaction LGI Local Government Institute LGI Deadmans Cay / Long Island, Bahamas - Deadmans Cay (Airport Code) ) announces that the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. has approved its normal course issuer bid. Under the normal course issuer bid, Logibec will be entitled en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: to repurchase for cancellation up to a maximum of 447,565 Common Shares over the twelve-month period starting December 20, 2005 and ending December 19, 2006, representing 5% of the issued and outstanding Common Shares. The purchases by Logibec will be conducted through the facilities of the Toronto Stock Exchange. As at December 13, 2005, there were 8,951,324 Common Shares issued and outstanding. The normal course issuer bid has been instituted in that Logibec considers that the repurchase of shares at certain market prices will be beneficial to Logibec. During the normal course issuer bid of Logibec which ended on September 19, 2005, Logibec repurchased an aggregate of 37,800 Common Shares at an average price of $7.88. ABOUT LOGIBEC LOGIBEC is among the ten largest Canadian companies This is a list of companies from Canada.
Directory: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Current Companies specializing in the development, marketing, implementation and support of information systems for the health and social services social services Noun, pl welfare services provided by local authorities or a state agency for people with particular social needs social services npl → servicios mpl sociales sector. Over 400 healthcare facilities in Canada and 1,200 healthcare facilities in the U.S. use our products and services delivered by an experienced team of employees that numbered over 240 as of September 30, 2005. The Company has its head office in Montreal as well as offices in Quebec City, Edmonton and St. Louis, Missouri. This news release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. reflecting Logibec Groupe Informatique Ltd. objectives, estimates and expectations. Such statements may be marked by the use of verbs such as "believe", "anticipate", "estimate" and "expect" as well as the use of the future or conditional tense. By their very nature, such statements involve risks and uncertainty. Actual results may differ significantly from the Company's forecasts or expectations. The TSX exchange accepts no responsibility for the truth or accura cy of this press release. Logibec Groupe Informatique Ltd. (TSX:LGI) |
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