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- 08-29-2005 10:54 PM #1
Purchase of Additional Shares of Shaw Communications Inc. by The Shaw Family
ADVERTS 1
CALGARY, Alberta--(BUSINESS WIRE)--Aug. 25, 2005--Shaw Communications Inc. has been advised that the Shaw Family, and entities owned or controlled by them, completed the purchase of an additional 1,000,000 Class B Non-Voting Shares of the Company.
According to information provided to the Company, the Shaw Family, and entities owned or controlled by them, holds 22,008,691 shares of the Company. The Shaw Family also advised the Company it would continue its practice of purchasing shares on a regular basis.
Shaw Communications Inc. is a diversified Canadian communications company whose core business is providing broadband cable television, Internet, Digital Phone, telecommunications services (through Big Pipe Inc.) and satellite direct-to-home services (through Star Choice Communications Inc.) to approximately 3.0 million customers. Shaw is traded on the Toronto and New York stock exchanges and is a member of the S&P/TSX 60 index.
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