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BRIEF-Royal Bank Of Canada to repurchase up to 30 mln of its common shares
March 9, 2017 / 11:52 PM / 7 months ago

BRIEF-Royal Bank Of Canada to repurchase up to 30 mln of its common shares

March 10 (Reuters) - Royal Bank Of Canada

* Royal Bank Of Canada to repurchase up to 30 million of its common shares

* Royal Bank Of Canada - shares that may be repurchased represent approximately 2% of bank’s outstanding common shares

* Royal Bank Of Canada - RBC also announced that it will repurchase common shares under two specific share repurchase programs

* Purchases under normal course issuer bid may commence on march 14, 2017 and continue until march 10, 2018

* Royal Bank Of Canada - any share purchases under first agreement for up to 10 million common shares must occur on or before april 13, 2017

* Royal Bank Of Canada -purchases under second agreement for up to 5 million shares will commence once purchases under first agreement are completed Source text for Eikon: Further company coverage:

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