Cardinal Energy Ltd. (TSX:CJ) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 12,319,686 shares, representing 7.6% of its issued share capital. The shares repurchased will be cancelled. The program is valid till June 29, 2023. As of June 20, 2022, the company had 162,000,458 common shares issued and outstanding.