Shaw Communications (SJRb.TO) said on Wednesday its controlling shareholders and namesake owners raised their stake in the cable operator. The Shaw family, which controls the Western Canada-focused company via a stranglehold on its voting shares, bought just over one million of the publicly traded non-voting shares. The company did not say how much the family paid for the shares, but the announcement comes days after a sharp fall in the market price following a further delay in the company's wireless roll-out plans. The company said the family now owns more than 51.5 million Class A voting and Class B non-voting shares and had made it clear it would buy more.
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