NuVista Energy Ltd. (TSX:NVA) announces a share repurchase program. Under the normal course issuer bid the company will repurchase up to 18,190,261 common shares, representing 7.88% of its issued share capital. The purpose of the program is to continue with net debt reduction and the commencement of capital return to shareholders.

All common shares acquired under the bid will be cancelled. The program is valid until June 13, 2023. As of May 31, 2022, the corporation had 230,748,703 common shares issued and outstanding.