Rona inc.
The Caisse de dépôt et placement du Québec acquires common shares of Rona inc.
The Caisse de dépôt et placement du Québec (“Caisse”) announced that it has acquired, on the Toronto Stock Exchange, ownership and control over 2,000,000 common shares of Rona inc. [TSX: RON] (“Rona“), representing approximately 1.53% of Rona’s currently outstanding common shares, at an average price of CA$10.01 per share.
Prior to this acquisition, the Caisse held 11,277,600 common shares of Rona and, following the acquisition, the number of Rona’s common shares held by the Caisse will be 13,277,600 or 10.17% of common shares outstanding.
This transaction was made for investment purposes and the Caisse could increase or decrease its investments in Rona, depending on market conditions or any other relevant factors.
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