March 17, 2016 / 11:28 AM / a year ago

BRIEF-Air Canada board approves up to additional 5 mln shares

March 17 (Reuters) - Air Canada :

* Completes purchase of original allotment of 10 million shares under normal course issuer bid - Board of directors approves up to 5 million additional shares to be repurchased for cancellation by May 27, 2016

* Board has approved up to additional 5 million shares to be purchased for cancellation before expiry of existing NCIB on May 28, 2016 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)

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