Richelieu Hardware Ltd. (TSX:RCH) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 1,500,000 common shares, representing 2.67% of the issued and outstanding share capital. The repurchased shares will be cancelled.

The bid will terminate on December 29, 2024. As of December 16, 2023, the company had 56,093,740 issued and outstanding shares.