Global Education Communities Corp. (TSX:GEC) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 1,000,000 common shares, representing 1.48% of its issued and outstanding common shares for a total of CAD 1 million.

All the repurchased shares under the bid will be cancelled. The plan is valid till March 21, 2025, or on such earlier date as the company may complete its purchases pursuant to the bid or provides notice of termination. As of March 11, 2024, the company had 67,440,040 issued and outstanding common stock.