11:58 AM EST - Cascades Inc. : Announced that the Toronto Stock Exchange accepted its notice of intention to begin a normal course issuer bid in respect of its Common Shares. Purchases pursuant to the normal course issuer bid will commence on March 19, 2020 and will not continue beyond March 18, 2021. The Common Shares purchased shall be cancelled. The notice will enable Cascades to acquire up to 1,886,220 Common Shares which represents approximately 2% of the 94,311,015 issued and outstanding Common Shares as of March 6, 2020. Between March 19, 2019 and March 18, 2020, Cascades was authorized to acquire up to 1,878,456 Common Shares. Since March 19, 2019 and up until March 6, 2020, Cascades purchased on the open market through the facilities of the Toronto Stock Exchange, 511,581 Common Shares at a volume weighted average price of $11.04. Cascades Inc.
shares T.CAS are trading up $1.26 at $12.42.
