Intact Financial Corporation (TSX:IFC) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 5,257,709 shares, representing 3% of its issued share capital. The repurchased shares will be cancelled.

The program is subject to approval of TSX. The program will expire on February 16, 2024 or the date on which the company has either acquired the maximum number of common shares allowable or otherwise decided not to make any further repurchases. As of February 3, 2023, the company has 175,256,968 shares issued and outstanding.