CGI Group Inc. (TSX:GIB.A) announces a share repurchase program. Under the bid, the company will repurchase up to 20,595,539 Class A shares, representing 8.07% of its outstanding share capital. The shares repurchased will be cancelled. The bid is subject to acceptance by the Toronto Stock Exchange. The normal course issuer bid will provide the company with the flexibility to purchase Class A shares from time to time as the company considers it advisable, as part of its strategy to increase shareholder value. The normal course issuer bid will terminate on February 5, 2019 or the date upon which the company acquires the maximum number of Class A shares to be purchased or otherwise the company decides not to make any further repurchases under the bid. The company implemented an automatic share purchase plan with its designated broker in connection with the bid in order to allow for share purchase during self-imposed blackout periods. As of January 24, 2018, the company had 255,096,887 Class A shares outstanding.