10:45 AM EST - CI Financial Corp. : Has commenced a substantial issuer bid, pursuant to which the Corporation will offer to purchase up to 5,000,000 of its outstanding common shares from holders of Shares for cash, at a purchase price of $17.50 per Share. As of August 23, there were 146,116,685 Shares issued and outstanding (which number includes 414,400). CI Financial Corp.
shares T.CIX are trading up $0.14 at $17.14.