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Canadian Pacific raises share buyback ceiling after hitting maximum threshold
2014-09-30 15:41:11| Railroads - Topix.net
Canadian Pacific Railway Ltd. has received approval to more than double the amount of stock it can purchase under its 2014-15 share buyback program, having reached the maximum available under the initial plan. The Calgary-based company will now be able to repurchase and cancel up to 12.65 million common shares by mid-March 2015 - an increase of 140 per cent from the previous limit.
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Category:Transportation and Logistics