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Stocks in play: A&W Food Services of Canada Inc.
Announced that it has received approval from the Toronto Stock Exchange of its Normal Course Issuer Bid. Under the NCIB, A&W's board of directors has authorized for purchase and subsequent cancellation up to 600,000 common shares (representing approximately 2.5% of its issued and outstanding Shares, being 24,007,769 Shares as of March 16) over a twelve-month period commencing on March 20. A&W Food Services of Canada Inc. shares T.AW are trading up $0.01 at $36.11.
