CALGARY – Corus Entertainment said today that its controlling shareholder, the Shaw Family and entities owned or controlled by them, completed the purchase of an additional 126,200 class B non-voting shares of the company during the five day period ending August 23, 2005.
Considering today’s closing share price of $30.75, the value of the buy is about $3.9 million.
“According to information provided to the Company, the Shaw Family, and entities owned or controlled by them, holds 3,023,756 shares of the Company (7.4% of the total outstanding non-voting shares). The Shaw Family also advised the Company it would continue its practice of purchasing shares on a regular basis,” says the release.
