July 21 (Reuters) - Brp Inc DOO.TO -
* BRP Inc - taken up and paid for 8.6 million subordinate voting shares at a price of $40.70 per share under BRP's substantial issuer bid
* BRP Inc - bid to purchase for cancellation a number of its shares for an aggregate purchase price not to exceed $350 million
* BRP Inc - payment and settlement of purchased shares will be effected by computershare trust company of Canada on or about July 25