Bombardier Inc. (TSX:BBD.B) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 1,750,000 Class B shares, representing 2.05% of its issued share capital. The repurchased shares will either be cancelled if purchased in order to mitigate the dilutive effect of granting stock options under the corporation?s stock option plan or placed in trust with Computershare Canada to satisfy future obligations under the corporation?s employee share-based incentive plans.

The bid will expire on April 2, 2025. As of March 21, 2024, the company had 85,307,628 Class B shares issued and outstanding.