Spectra Products Inc. (TSXV:SSA) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 732,545 common shares, representing 5% of its issued share capital. The repurchased shares will be cancelled.

The purpose of the program is to provide liquidity and increase the underlying value of the common shares for all shareholders. The program will terminate on March 26, 2024 or at such earlier time as the bid is completed or terminated at the option of company. As of March 23, 2023, the company has 14,650,895 common shares in outstanding.