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CIBC Announces Intention to Repurchase up to 20 Million Common Shares

Newswire.ca - Thu Aug 29, 4:59AM CDT

TORONTO, Aug. 29 , 2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced its intention to purchase for cancellation up to 20 million common shares under a normal course issuer bid, subject to the approval of the Toronto Stock Exchange (TSX). Common shares that may be purchased for cancellation represent approximately 2.1% of outstanding common shares as at July 31, 2024.

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