Alimentation Couche-Tard Inc. (TSX:ATD) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 79,703,614 class A multiple voting shares, representing 7.7% of its issued and outstanding share capital. All the shares purchased under the bid will be cancelled. The plan is valid till April 25, 2023. As of April 20, 2022, the company had 1,035,691,455 issued and outstanding subordinate voting shares.

Couche-Tard intends to modify the terms of its normal course issuer bid on the TSX to purchase for cancellation a maximum of 79,703,614 Common Shares rather than Class A share.