ECN Capital Corp. (TSX:ECN) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 6,329,034 shares, representing 2.58% of its issued and outstanding share capital.

All the repurchased shares under the bid will be cancelled. The bid will be funded by using existing cash resources. The bid will expire on the earlier of September 20, 2024, and the completion of purchases under the applicable bid.

As of September 8, 2023, the Company had 245,779,995 shares outstanding.