Tim Hortons Inc. Confirms Regulatory Approval to Commence Share Repurchase Program

Yahoo Finance -- Tim Hortons Inc. (NYSE: THI, TSX: THI) today announced that on February 25, 2009, the Company obtained regulatory approval from the Toronto Stock Exchange (TSX) to commence its 2009 share repurchase program for up to $200 million in common shares, not to exceed the regulatory maximum of 9,077,438 shares, equivalent to 5% of the outstanding common shares at the time of regulatory approval.