Base Carbon Inc. (NEOE:BCBN) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 7,974,471 shares, representing 6.58% of its issued share capital. Common shares purchased under the program will be returned to treasury for cancellation.

The program will be funded from the corporate funds. The program is valid till June 20, 2024. As of June 9, 2023, the company had 121,108,302 issued and outstanding common shares.