Cable / Telecom News

Rogers to buy back $2M in non-voting shares


TORONTO – Rogers will purchase for cancellation 2,000,000 of its outstanding class B non-voting shares for an aggregate purchase price of $67,662,200.This represents approximately 0.44% of the class B shares outstanding at October 31, 2010.  Rogers said that the private purchase, made under an issuer bid exemption order issued by the Ontario Securities Commission, is priced at a discount to the current market price of the class B shares.www.rogers.com