| EXFO Electro-Optical Engineering Inc. announced that its Board of Directors has authorized the renewal of its share repurchase program, by way of a normal course issuer bid on the open market, of up to 10% or 2,256,431 subordinate voting shares, of the public float, which is 22,564,311 subordinate voting shares, as defined by the Toronto Stock Exchange. EXFO had 22,749,965 subordinate voting shares outstanding on November 2, 2009. As of the date of this notice, EXFO has repurchased in the course of the previous renewal of its NCIB a total of 311,872 shares, being 273,600 shares on the TSX at an average amount of C$3.48 and 38,272 shares on the NASDAQ at an average amount of $3.08. :theflyonthewall.com |
