Stocks in play: AGF Management Limited

Announced today that its Board of Directors has authorized a substantial issuer bid to purchase for cancellation a number of Class B non-voting shares of the Company for an aggregate purchase price not exceeding $40 million. The Offer will expire at 5:00 p.m. (Toronto time) on November 3, unless extended, varied or withdrawn by AGF. The Offer will be funded through available cash on hand funded by the proceeds received from the previously announced closing of the merger of Tilney and Smith & Williamson. AGF Management Limited shares T.AGF.B are trading up $0.28 at $6.13.

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