SmartCentres Real Estate Investment Trust (TSX:SRU.UN) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 12,935,063 Trust Units, representing 8.9% of its outstanding units The units repurchased will be cancelled. The bid is valid till March 30, 2022, or on such earlier date as the company may complete its purchases pursuant to a notice of intention filed with the TSX. As of March 19, 2021, the company had 144,618,657 outstanding units.