Acadian Timber Corp. (TSX:ADN) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 862,739 common shares, representing 5% of its outstanding share capital.

The repurchased shares will be cancelled. The bid will be valid up to February 13, 2025. As of January 31, 2024, the company had 17,254,798 shares outstanding.