Extendicare Inc. (TSX:EXE) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 7,273,707 shares, representing 8.62% of its issued share capital. All the common shares purchased by the company will be cancelled.

The bid will expire on June 29, 2024, or on such earlier date as the bid is complete. As at June 16, 2023, the company had 84,351,546 common shares issued and outstanding.