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IGM Financial renews normal course issuer bid

IGM Financial Inc. renewed its normal course issuer bid and automatic securities purchase plan, which will run from March 26, 2019, to March 25, 2020, or the date on which the company has purchased the maximum number of common shares permitted under the bid.

The company may purchase up to 4 million, or 1.7%, of its outstanding 241,023,915 common shares for cancellation on the Toronto Stock Exchange. The daily repurchase limit will be 69,617 common shares, other than block purchase exceptions.