Encana renews normal course issuer bid

Encana Corporation has received approval for renewal of the company’s Normal Course Issuer Bid (NCIB) from the Toronto Stock Exchange (TSX). Under the renewed bid, Encana may purchase for cancellation up to 36,800,000 of its common shares, representing about 5 percent of the approximately 736,271,664 common shares issued and outstanding as at November 30, 2010.
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Source: The Vancouver Sun