Firm to buy back up to 5% of outstanding shares
Declares stock dividend and 14% increase in quarterly cash dividend
Firm failed to supervise former Vancouver rep
Notes linked to portfolio managed by Majendie and Berge
Net income up 13%
COO has been with the company since 2001
Different regulatory requirements may reduce the opportunity for Canadian companies to backdate or time option grants
2 million shares sold in portfolio rebalancing
Company also implements upper management transition
Record success in fiscal 2006