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Alimentation Couche-Tard Inc.

09:46 AM EST - Alimentation Couche-Tard Inc. : Entered into a private agreement with Caisse de dépôt et placement du Québec, for the repurchase for cancellation of 10,820,837 common shares of Couche-Tard held by CDPQ at a price of $64.69 per share, for a total consideration of approximately $700 million. The repurchase price represents a discount of 3% to the closing price of the shares on the Toronto Stock Exchange on July 28, and will be paid using Couche-Tard's cash on hand as well as proceeds raised through its US Commercial Paper Program. Alimentation Couche-Tard Inc.
shares T.ATD are trading up $0.31 at $67.00.