Medical Facilities Corporation (TSX:DR) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 2,481,256 shares, representing 9.96% of its issued and outstanding share capital. The bid will be funded from the available cash.

All the repurchased shares under the bid will be cancelled. The bid will expire on November 30, 2024. As of November 21, 2023, the company had 24,920,462 shares issued and outstanding.