Spectra Products Inc. (TSXV:SSA) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 3,855,500 common shares, representing 5% of its issued share capital. The repurchased shares will be cancelled.

The purpose of the program is to provide liquidity and increase the underlying value of the common shares for all shareholders. The program will terminate on March 15, 2023 or at such earlier time as the bid is completed or terminated at the option of company. As of March 7, 2022, the company had 77,109,971 common shares outstanding.