The North West Company Inc. (TSX:NWC) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 4,740,895 common voting shares, representing 9.93% of its issued and outstanding shares. The shares repurchased will be cancelled.

The company intends to fund the purchases out of its available resources. The program will expire on November 14, 2023, or such earlier date as the company completes its purchases pursuant to the bid or provides notice of termination. As of November 10, 2022, the company had 47,744,799 issued and outstanding shares.