Caldwell Partners International Completes Stock Purchase
TORONTO, September 23, 2015 /PRNewswire/ --
Retained executive search firm The Caldwell Partners International Inc. (CWL.TO) ("Caldwell Partners") today announced that it has completed the previously announced purchase of 5.4% of the shares of Caldwell Partners from DHR International, Inc. The 1,145,600 shares were purchased at C$1.40 per share for an aggregate price of C$1,603,840. The shares are being cancelled, reducing the Company's outstanding shares from 21,275,155 to 20,129,555.
About Caldwell Partners
Caldwell Partners is a leading international provider of executive search and has been for more than 40 years. As one of the world's most trusted advisors in executive search, the firm has a sterling reputation built on successful searches for boards, chief and senior executives, and selected functional experts. With offices and partners across North America, Latin America and in London, the firm takes pride in delivering an unmatched level of service and expertise to its clients. Caldwell Partners' Common shares are listed on The Toronto Stock Exchange (TSX: CWL). Please visit our website at http://www.caldwellpartners.com for further information.
Forward-Looking Statements
Forward-looking statements in this document are based on current expectations that are subject to significant risks and uncertainties. Actual results might differ materially due to various factors such as the competitive nature of the executive search industry, the ability of the company to execute its growth strategies, the performance of the Canadian domestic and international economies, and the company's ability to retain key personnel. The Caldwell Partners assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.
Investors & Analysts: Chris Beck, CPA, Chief Financial Officer, The Caldwell Partners International, cbeck@caldwellpartners.com, +1-617-934-1843; Media: Caroline Lomot, Director of Marketing, The Caldwell Partners International, clomot@caldwellpartners.com, +1-516-830-3535
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