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Article: Corus Entertainment announces discount for Class B Shares issued under its Dividend Reinvestment Plan.
- Article from:
- PR Newswire
- Article date:
- September 29, 2009
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TORONTO, Sept. 29 /PRNewswire-FirstCall/ -- Corus Entertainment Inc. (TSX: CJR.B; NYSE: CJR) announced today that its Board of Directors has approved a discount for Class B Shares issued from treasury pursuant to the terms of its Dividend Reinvestment Plan ("the Plan").
Under the Plan, eligible holders of Class A Shares and Class B Shares may acquire additional Class B Shares through reinvestment of the cash dividends paid on their respective shareholdings. At the Company's discretion, shares issued under the Plan may be purchased on the open market or issued from treasury.
At this time, Corus' Board of Directors has approved the issuance of shares from ...