Cable / Telecom News

Shaw family buys a million shares of their company

CALGARY- Shaw Communications announced Wednesday the Shaw Family, and entities owned or controlled by them, completed the purchase of an additional 1,000,325 class B non-voting shares of the company.According to information provided to the company, the Shaw Family, and entities owned or controlled by them, holds 51,586,354 class A and class B shares of the company. The Shaw Family also advised the company that it would continue its practice of purchasing shares on a regular basis.The company’s class B shares closed at $19.65 on Wednesday.www.shaw.ca