Morguard Real Estate Investment Trust (TSX:MRT.UN) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 3,213,395 shares, representing 5% of its issued share capital. All the repurchased shares will be cancelled.

The bid will expire on February 8, 2025. As of January 31, 2024, the company had 64,267,901 outstanding shares.