National Bank Financial Group

National Bank Financial Group

December 10, 2009 16:22 ET

National Bank Modifies the Share Purchase Method Pursuant to its Dividend Reinvestment and Share Purchase Plan

MONTREAL, QUEBEC--(Marketwire - Dec. 10, 2009) - The Board of Directors (the "Board") of National Bank of Canada's (the "Bank") (TSX:NA) determined that the Common Shares subscribed by the participants to the Dividend Reinvestment and Share Purchase Plan of the Bank (the "Plan") will now be acquired on their behalf by Computershare Trust Company of Canada, the transfer agent of the Bank, by way of purchase on the secondary market without any discount.

At no cost, Canadian shareholders may elect to reinvest in common shares in lieu of cash the dividends paid on their common shares and their preferred shares in accordance with the Plan.

That change will be automatically applicable as of the time of the reinvestment of the dividends payable respectively on February 1st, 2009 and February 15, 2009 on Common and First Preferred Shares registered in the Bank's register respectively on December 24, 2009 and January 8, 2009.

For more information, please contact Computershare Trust Company of Canada at 1-888-838-1407. Beneficial or non-registered common and preferred shareholders must contact their financial institution or broker for instructions as to how to participate to the Plan.

About National Bank of Canada

National Bank of Canada, which is celebrating its 150th anniversary in 2009, is an integrated group which provides comprehensive financial services to consumers, small and medium-sized enterprises and large corporations in its core market, while offering specialized services to its clients elsewhere in the world. National Bank offers a full array of banking services, including retail, corporate and investment banking. It is an active player on international capital markets and, through its subsidiaries, is involved in securities brokerage, insurance and wealth management as well as mutual fund and retirement plan management. National Bank has more than $132 billion in assets and, together with its subsidiaries, employs 17,747 people. The Bank's securities are listed on the Toronto Stock Exchange (NA:TSX). For more information, visit the Bank's website at

The telephone numbers provided below are for the exclusive use of journalists and other media representatives.

Contact Information

  • National Bank Financial Group
    Denis Dube
    Director, Public Relations
    National Bank Financial Group
    Helene Baril
    Senior Manager, Investor Relations