DataMirror Announces Renewal Of Normal Course Issuer Bid
**Does anyone know if dmc bought back shares under the previous bid
TORONTO, CANADA--DataMirror Corporation (TSE:DMC), announced today
acceptance by The Toronto Stock Exchange of Notice of its Normal
Course Issuer Bid, allowing the purchase from time to time, if it
is considered advisable, of up to 582,355 of its common shares,
which represents 5% of its 11,647,099 outstanding common shares
(as at September 8, 2000), on The Toronto Stock Exchange over the
next 12 months. The Board of Directors of DataMirror believes
that such purchases are in the best interests of the Company and a
desirable use of corporate funds. Over the period from September
21, 1999 to September 15, 2000, the Company has purchased and
cancelled 87,300 of its common shares at an average price of
$12.42 per share under a previous Normal Course Issuer Bid, in
effect from September 21, 1999 to September 20, 2000. Purchases
of common shares may be made pursuant to the new Notice in the 12
month period commencing September 21, 2000. All common shares
purchased by DataMirror pursuant to this Notice will be cancelled. |
