CGI Group Inc.
GIB announced today that its Board
of Directors has authorized the renewal of its Normal Course Issuer
Bid, subject to acceptance by the Toronto Stock Exchange.
The Company's management and Board of Directors believe that the
repurchase of Class A subordinate voting shares of
the Company is a proper use of the Company's funds, and the NCIB will
provide the Company with the flexibility to purchase Class A Shares
from time to time as the Company considers it advisable, as part of
its strategy to increase shareholder value.
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