Aug 7 (Reuters) - Cara Operations Ltd CAO.TO :
* Announces dividend reinvestment plan
* Says shares will be issued at a discount from the market price of the shares
* Says purchase price discount has initially been set at 3%
* Drip enables shareholders to acquire additional subordinate voting shares
from Cara by reinvesting all of their cash dividends
* Source text for Eikon ID:nCNW1q3rna
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