Axis Auto Finance Inc. (TSX:AXIS) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 6,105,497 shares, representing 5% of its issued share capital. All the repurchased shares under the bid will be cancelled.

The bid will expire on the earlier of November 25, 2023, or when permitted purchases thereunder are completed, or may otherwise elect to terminate the bid at any time. As of November 18, 2022, the company has 128,381,595 shares issued and outstanding.