Telus 2006 Annual Report Download - page 38

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officer, in the company being the subject of a cease trade or similar order that denied the company
relevant access to any exemption under securities legislation for a period of more than 30
consecutive days. On June 14, 2006, and at the request of Cognos Incorporated (“Cognos”), the
Ontario Securities Commission (“OSC”) issued a cease trade order against all directors of Cognos,
including Pierre Ducros, in connection with a delay in filing its annual report with Canadian
regulators. The delay was related to a review by the United States Securities and Exchange
Commission (“SEC”) of the way Cognos allocated revenue between post-contract customer support
and licence fees. The OSC lifted the cease trade order on August 3, 2006 after the SEC concluded
that it did not object to Cognos’ revenue recognition policy.
MARKET FOR SECURITIES
TELUS Common Shares and Non-Voting Shares are listed on the Toronto Stock Exchange
(“TSX”) under “T” and “T.A” respectively and the TELUS Non-Voting Shares are listed on the
New York Stock Exchange under “TU”. Monthly share prices and volumes for 2006 are listed
below:
TSX – Common and Non-Voting
Month Common Non-Voting
High($) Low($) Volume High($) Low($) Volume
January 49.29 44.23 16,876,142 47.98 43.00 10,318,998
February 45.75 42.62 23,080,182 45.20 42.05 26,826,870
March 47.98 44.36 20,433,280 47.30 44.00 12,428,985
April 47.45 44.85 11,383,622 46.70 44.20 8,934,425
May 48.88 43.72 17,346,083 48.25 43.06 12,482,466
June 47.33 43.52 16,820,767 46.09 42.57 9,023,909
July 49.12 44.39 12,982,608 47.84 43.10 9,307,729
August 54.97 48.46 23,195,348 53.35 47.15 11,932,765
September 64.74 52.54 40,899,827 64.25 50.54 36,100,026
October 65.60 60.37 29,504,351 65.35 59.94 20,128,831
November 58.70 53.00 34,876,606 58.01 51.81 26,538,141
December 57.49 52.15 21,208,325 56.30 51.15 13,588,610
37