TELUS Corporation

11:10 AM EST - TELUS Corporation : Has received approval from the Toronto Stock Exchange (TSX) for a new normal course issuer bid (2019 NCIB) commencing on January 2, 2019 to purchase and cancel, when and if considered advisable, up to $250 million in shares over the next 12 months. The new NCIB will permit the purchase of up to 8 million TELUS shares (1.34% of its outstanding shares as at December 17, 2018) for an aggregate purchase price of up to $250 million from January 2, 2019 to January 1, 2020 through the facilities of the TSX, the New York Stock Exchange (NYSE) and alternative trading platforms or as otherwise permitted by applicable securities laws. TELUS Corporation shares T.T are trading down $0.12 at $45.47.