Canadian Pacific to buy back up to 5.3 mln shares
March 11 (Reuters) - Canadian Pacific Railway , the country's second-largest railroad, said it would buy back up to 5.3 million shares, or about 3 percent of its total outstanding shares, over the next year.
Canadian Pacific shares closed at C$171.30 on Monday on Toronto Stock Exchange, valuing the buyback program at about C$903 million ($813 million).
The buyback program is scheduled to start on March 17 and is due to end no later than March 16, 2015.
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