TVA announces share buy back

MONTREAL – TVA Group will buy back up to 972,545 class B non-voting shares without par value for cancellation.The purchases will be made from March 19, 2010 to March 18, 2011, at prevailing market prices, on the open market through the facilities of the Toronto Stock Exchange. The move represents approximately 5% of the issued and outstanding Class B shares. As of March 15, 2010, TVA had 19.45 million class B shares issued and outstanding.The company said that the repurchase of these shares, pursuant to this normal course issuer bid, “is in the best interest of the company and its...