(Reuters) - CP plans to buy back up to 15.5 million of its outstanding common shares for cancellation, representing about 10 percent of the public float.
The company said it had net earnings of C$128.6 million , or 82 Canadian cents per share, in the first three months of 2007. That compares with a profit of C$108.8 million, or 69 Canadian cents per share, in the same quarter a year earlier.
Read more at Reuters.com Market News
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