(TSX:CPG) announces a share repurchase progCrescent Point Energy Corp.ram. Under the normal course issuer bid, the company will repurchase up to 38,424,678 shares, representing 6.98% of its issued share capital. The company plans to use excess cash flow to fund the normal course issuer bid. The shares repurchased pursuant to the bid will be cancelled. The bid will expire on January 24, 2020. As at January 14, 2019, the company had 550,611,816 shares in issue.