Tim Hortons (THI) to Purchase 1.2 Million Shares Through Private Agreement

Tim Hortons Inc. (NYSE: THI) will purchase for cancellation up to 1.2 million of its common shares pursuant to private agreements with an arm's length third-party seller. The common shares so purchased will count towards the 13,668,332 common shares that Tim Hortons is entitled to repurchase for cancellation (subject to a maximum aggregate purchase price of $200 million) under its share repurchase program announced on February 23rd, 2012.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Reitar Logtech launches $3M share repurchase program
• Ericsson repurchases 2.5 million shares in weekly buyback
• OSI Systems expands stock repurchase program by 1 million shares