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Slideshow Stock Buybacks

By The Online Investor Staff, updated Sat., Feb. 25, 4:12 AM

Slide #6. CIBC

Company: CIBC (NYSE:CM)
Share Amount Authorized: 8,000,000
Buyback Details: CIBC (TSX/NYSE: CM) today announced its intention to seek Toronto Stock Exchange (TSX) approval for a normal course issuer bid. Purchases of common shares for cancellation will be made subject to CIBC's ongoing capital requirements. Such purchases will not exceed eight million common shares, or approximately 2% of its outstanding common shares over a 12 month period.

Canadian Imperial Bank of Commerce is a financial institution. Through its three business units, Co. provides a range of financial products and services to individual, small business, commercial, corporate and institutional clients in Canada and around the world. Co.'s Retail and Business Banking business unit provides financial advice, products and services. Co.'s Wealth Management business unit provides integrated advice and investment solutions. Co.'s Capital Markets business unit provides integrated credit and global markets products, investment banking advisory services and research. As of Oct 31 2016, Co. had total assets of C$501.36 billion and total deposits of C$395.65 billion.
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Company Name:  Canadian Imperial Bank of Commerce
Stock buyback:  CM buyback
Website:  www.cibc.com
Sector:  Banking & Savings
Number of ETFs Holding CM:  6
Total Market Value Held by ETFs:  $211.41M
Total Market Capitalization:  $35.70B
% of Market Cap. Held by ETFs:  0.59%
 

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February 25, 2017    4:12 AM Eastern
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