Foraco International SA (TSX:FAR) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 1,000,000 shares, representing 1% of its issued share capital. The company intends to hold the shares, until the same are required to be transferred to employees to satisfy the company's obligations in respect of grants made by company to its employees under the company's free share plans.

The bid is valid till October 3, 2023. As of September 29, 2022, the company had 99,251,798 shares issued and outstanding.