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Nordion
NDZ today confirmed that it will cease
repurchasing shares under the Normal Course Issuer Bid (NCIB) which will
be cancelled effective as of September 19, after close of markets.
The NCIB had been approved by the Toronto Stock Exchange (TSX) and
commenced January 31, 2012 through the facilities of the TSX and the New
York Stock Exchange (NYSE), or other alternative trading systems, if
eligible.
Nordion had been authorized by the TSX to purchase for cancellation up
to 3,105,901 common shares of its 62,118,021 common shares outstanding
as of January 24, 2012, which represented approximately 5% of its
outstanding common shares on that date. Annual purchases under the NCIB
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