Transcontinental Inc. Announces the Renewal of Its Normal Course Issuer Bid

MONTREAL, QUEBEC--(Marketwired - April 10, 2015) - Transcontinental Inc. (TSX:TCL.A)(TSX:TCL.B) has been authorized to purchase for cancellation on the open market, between April 15, 2015 and April 14, 2016, up to 1,000,000 of its Class A Subordinate Voting Shares and up to 237,250 of its Class B Shares, representing approximately 1,6% of the 63,244,208 issued and outstanding Class A Subordinate Voting Shares and of the 14,827,916 issued and outstanding Class B Shares as of April 2, 2015. The average daily trading volume on the Toronto Stock Exchange of Class A Subordinate Voting Shares for the past six months was 169,443 and the average daily trading volume on the Toronto Stock Exchange of Class B Shares for the past six months was 525. In accordance with the Toronto Stock Exchange requirements, a maximum daily purchase of the greater of 25% of these averages or 1,000 shares may be made, which represent a total of 42,360 Class A subordinate Voting Shares and a total of 1,000 Class B Shares. The purchases will be made in the normal course of business at market prices through the facilities of the Toronto Stock Exchange and/or alternative Canadian trading platforms in accordance with the requirements of the exchange and/or, subject to the approval of any securities authority by private agreements. If necessary, purchases through private agreements will be executed at a price that is less than the prevailing market price on the Toronto Stock Exchange at the time of the purchase.

Transcontinental Inc. Announces the Renewal of Its Normal Course Issuer Bid