Jewett-Cameron Trading Company Authorizes Share Repurchase Plan of 300K Shares

Jewett-Cameron Trading Company Ltd. JCTCF today is pleased to announce that its Board of Directors has authorized the implementation of a share repurchase plan to purchase for cancellation up to 300,000 common shares through facilities of the NASDAQ Stock Market. This amount represents approximately 16% of the approximately 1.9 million common shares outstanding. During 2010 and 2011 year-to-date, the Company repurchased 472,020 shares under prior formal plans of repurchase. Transactions may involve the Jewett-Cameron Trading Company Ltd. Employee Stock Ownership Plan. Transactions may also involve Jewett-Cameron insiders or their affiliates executed in compliance with Jewett-Cameron's Insider Trading Policy.
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