09:57 AM EST - Royal Bank of Canada : announced its intention, subject to the approval of the Office of the Superintendent of Financial Institutions and the Toronto Stock Exchange, to commence a normal course issuer bid through the facilities of the Toronto Stock Exchange and to repurchase for cancellation up to 30 million of its common shares, representing approximately 2.1% of the bank's outstanding common shares as at September 28. On that day, there were 1,444,700,692 common shares outstanding. The bank intends to file a notice of intention with the Toronto Stock Exchange in this regard. Royal Bank of Canada
shares T.RY are trading down $0.04 at $56.77.
