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While the NCIB charges a fee for these profiles, a client considering a large donation will find the cost worthwhile. The PAS and the NCIB evaluate charities on such criteria as the frequency of their board meetings, whether they provide financial information on request, the percentage of their total income they apply to programmatic activities and the truthfulness of their solicitations. Under the first NCIB program that was initiated in 2004, TELUS repurchased $913 million of its shares. |
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