Tidewater Midstream and Infrastructure Ltd. (TSX:TWM) announces a share repurchase program. Under the program, the company will repurchase up to 31,346,603 common shares, representing 7.32% of its issued share capital. The purpose of the bid is to deploy cash resources from current cash on hand and future free cash flow to purchase common shares in the capital of the Corporation (the ?Shares?) in the open market.

Shares repurchased will be cancelled. The program will end on March 10, 2025. The program is subject to approval from Toronto Stock Exchange.

As of February 29, 2024, the company had 428,229,583 shares outstanding.