Cable / Telecom News

Shaw buys back more non-voting shares

CALGARY – Shaw Communications will repurchase for cancellation 1.5M of its outstanding Class B non-voting participating shares for an aggregate purchase price of just over $30 million.The move represents approximately 0.36% of the Class B shares outstanding as at November 30, 2009. The transaction is expected to settle on December 21, 2009.www.shaw.ca