Canadian National Railway Company (TSX:CNR) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 42,000,000 shares representing 5.99% of the issued and outstanding share capital, within a range of CAD 5,000 million. The repurchased shares will be cancelled.

The bid is valid till January 31, 2023. As of January 18, 2022, the company had 701,740,872 issued and outstanding shares.