Converge Technology Solutions Corp. (TSX:CTS) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 10,744,818 shares, representing 5% of its issued share capital.

The repurchased shares will be cancelled. The plan is subject to approval from the Toronto Stock Exchange. The bid will terminate on the earliest of the date on which the maximum purchase limit under the bid has been reached or 1 year from the date of commencement.