Guardian Capital Group Limited (TSX:GCG.A) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 1,761,080 shares, representing 6.71% of its issued share capital, of which 137,468 shares are outstanding common shares, representing 5% of its issued share capital and 1,623,612 shares are Class A non-voting shares, representing 6.91% of its issued share capital. The shares will be repurchased for cancellation.

The bid will be valid up to December 18, 2023. As on December 5, 2022, the company had 2,749,379 issued and outstanding common shares and 23,497,207 issued and outstanding class A shares.