Imperial Oil Limited (TSX:IMO) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 26,791,840 shares, representing 5% of its issued share capital. All the common shares purchased by the company will be cancelled and restored to the status of authorized but unissued shares.

The bid will expire on June 28, 2025, or on such earlier date as the bid is complete. As at June 15, 2024, the company had 535,836,803 common shares issued and outstanding.