Major Drilling Group International Inc. (TSX:MDI) announces a share repurchase program. Under the Normal Course Issuer Bid, the company will repurchase up to 4,150,251 common shares, representing 5% of its share capital. The Common Shares repurchased by Major Drilling will be cancelled.

The program is valid till March 26, 2024. As of March 15, 2023, the company had 83,005,029 issued and outstanding.