03:38 PM EST - Royal Bank of Canada : announced that the Toronto Stock Exchange has approved its normal course issuer bid to purchase, for cancellation, up to 20 million of its common shares through the facilities of the Toronto Stock Exchange. The shares that may be repurchased represent approximately 1.4% of the bank's outstanding common shares. As of October 21, 2009, there were 1.42 billion common shares of the bank outstanding. Royal Bank of Canada
shares T.RY are trading up $1.69 at $55.03.
