09:59 AM EST - Imperial Oil Limited : announced it has received final acceptance from the Toronto Stock Exchange for a new normal course issuer bid to continue its existing share repurchase program facility that will expire on June 24, 2014. In December 2002, Imperial introduced a restricted stock unit plan pursuant to which shares may be issued upon vesting. Since there could be a dilution in the percentage ownership levels of shareholders that would result from the issue of shares on the vesting of restricted stock units, Imperial considers that it would be in the best interests of Imperial and its shareholders to proceed with the purchase of shares in the market to reduce or eliminate such dilution. Imperial will limit the number of shares to be purchased pursuant to the normal course issuer bid to fewer than 1,000,000 common shares. As of June 13, 2014, Imperial has 847,599,011 issued and outstanding common shares. Imperial Oil Limited
shares T.IMO are trading down $0.21 at $56.44.
