Synex Renewable Energy Corporation announces an Equity Buyback for 200,575 shares, representing 5% of its issued share capital.

Synex Renewable Energy Corporation (TSX:SXI) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 200,575 shares, representing 5% of its issued and outstanding share capital. All the repurchased shares will be cancelled.

The bid will expire on May 18, 2023. As of May 16, 2022, the company had 4,011,511 outstanding common shares.