Français | Call Us

Facebook  Linkedin

Login

Western Financial Group
  • Insurance open insurance menu
  • Services open services menu
  • Reviews
  • About Us open menu
  • Contact Us

Find a Broker

Get a Quote

Insurance

Personal Insurance

Car

Home

Renter's

Farm

RV

Boat

Travel

Business Insurance

Start-ups to Mid-size Businesses

Employee Benefits

National Enterprises & Associations

Health & Life

Life

Disability

Critical Illness

Services

Registry Services

Claims

MyWestern

Payment Setup

Reviews

About Us

Diversity, Equity and Inclusion

Who We Are

Executive Team

Western News

Careers

Divisions

Partners

Sponsors

COVID-19 Info

Blog

Western Communities Foundation

Western Coast Insurance

Western Business Insurance

Wyatt Dowling Insurance

Contact Us

Personal Insurance

Car

Home

Renter's

Travel

Farm

RV

Boat

Business Insurance

Start-ups to Mid-size Businesses

Employee Benefits

National Enterprises & Associations

Health & Life

Life

Disability

Critical Illness

View All Products

Services

Registry Services

Claims

MyWestern

Payment Setup

About Us

Diversity, Equity and Inclusion

Who We Are

Executive Team

Western News

Careers

Divisions

Partners

Sponsors

COVID-19 Info

Blog

Western Communities Foundation

Western Coast Insurance

Western Business Insurance

Wyatt Dowling Insurance

Western Financial Group Inc. Renews its Normal Course Issuer Bid

High River, Alberta – March 6, 2009 - Western Financial Group Inc. (the "Company") has received the necessary regulatory approval to make a normal course issuer bid through the facilities of the Toronto Stock Exchange. The Company has been authorized to repurchase a maximum of 2,466,656 of its common shares, representing approximately 5% of the 49,333,127 issued and outstanding common shares as at March 3, 2009. Daily repurchases by the Company will be limited to a maximum of 17,095 common shares, other than block purchase exceptions, based on an average daily trading volume for the last six calendar months of 68,381 common shares. All common shares purchased by the Company pursuant to the bid will be cancelled. The duration of the renewal normal course issuer bid shall extend for a period commencing on March 10, 2009 and ending on March 9, 2010, or on such earlier date as the Company may complete its purchases pursuant to the bid.

Under its previous normal course issuer bid, from March 3, 2008 to March 2, 2009, the Company purchased 163,000 common shares, representing approximately 0.34 percent of the Company’s outstanding shares on February 26, 2008, at an average price of approximately $2.58 per common share.

The Company believes that, from time to time, the repurchase of its common shares represents an appropriate use of its funds.

Western Financial Group is a leader in providing insurance, financial and banking services to more than 450,000 individuals and businesses in 100 communities across Western Canada through its WFG Agency Network locations, affiliated insurance brokers, Western Life Assurance Company and Bank West.

The common shares of the Company are traded on the Toronto Stock Exchange under the symbol "WES".

This press release is not for distribution to any United States news service or otherwise in the United States.

For further information, please contact:
Jodi Greig, Investor Relations Manager
Western Financial Group
403-652-2663

GET A QUOTE

Recent Blog Posts

National AccessAbility  Week Spotlight at Western Financial Group
National AccessAbility Week Spotlight at Western Financial Group

May 29, 2023


Top 5 Things to Know About Renewing ICBC Car Insurance

May 17, 2023


How to Paint a Room or Hire a Painter
How to Paint a Room or Hire a Painter

May 17, 2023


Call Us

Sales
Personal Insurance

1-866-860-1958

Business Insurance

1-866-860-1947

Life Insurance

1-888-594-3105

General Inquiries
and Services

1-866-245-2779
Mon-Fri: 8am-8 pm MT
Sat: 9am-6 pm MT

Claims

1-866-245-2779
Mon-Fri: 7:30am-4 pm MT
Sat: 9am-6 pm MT

1-877-599-7299
(After Hours)

Western Financial

About

Our Story

Executive Team

Careers

MyWestern Login

Mergers and Acquisition

Western Communities Foundation

Western News | Sitemap

Products & Services

All Insurance

Personal Insurance

Business Insurance

Health Insurance

Award Winning Brokerage

IBC Top Brokerage Top 100 Seal 2023  Top 100 Seal 2022

Privacy / Legal  |   Accessibility Guidelines |   Fair Treatment of Customers Policy |   Terms of Use  |   Compensation Disclosure  |  Whistle-Blower Policy |   Complaints Process  |   Media Relations  |   Sitemap


2020 Western Financial Group. All rights reserved.

2023 Western Financial Group. All rights reserved.