Cable / Telecom News

Rogers buys back 2.88 million non-voting shares

TORONTO - Rogers Communications announced plans to purchase for cancellation 2,880,000 of its outstanding Class B non-voting shares for an aggregate purchase price of $103,165,344 which is at a discount to their current market price.The company said Wednesday that the transaction represents approximately 0.62% of the Class B shares outstanding at August 31, 2010.The private purchase was made under an issuer bid exemption order issued by the Ontario Securities