Stantec Inc. announces an Equity Buyback for 5,538,309 shares, representing 5% of its issued share capital.

Stantec Inc. (TSX:STN) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 5,538,309 shares, representing 5% of its issued and outstanding share capital. All the repurchased shares will be cancelled.

The bid will expire on November 15, 2023. As of November 2, 2022, the company had 110,766,187 shares issued and outstanding.