Quebecor Inc. (TSX:QBR.B) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 6,000,000 shares, representing 1.3% of its issued share capital, consisting of 1,000,000 class A shares and 5,000,000 class B shares. The shares repurchased will be cancelled.
The bid will expire on August 14, 2025. As of August 1, 2024, the company had 76,692,135 Class A Shares and 157,784,692 Class B Shares in issue.