Andlauer Healthcare Group Inc. (TSX:AND) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 1,770,429 shares, representing 9.47% of its issued share capital. The shares will be repurchased at a price per share equal to the market price at the time of acquisition.

The shares repurchased will be cancelled. The company will fund the purchases out of its available cash. The bid will expire on July 1, 2025, or such earlier time as the company completes its purchases pursuant to the bid or provides notice of termination.

As of June 26, 2024, the company had 18,704,628 shares outstanding.