Titanium Transportation Group Inc. (TSX:TTNM) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 2,236,184 common shares, representing 5% of the issued share capital. The purpose of the bid is to enhance long-term shareholder value through the purchase and cancellation of common Shares at a discount to the underlying value of the Company.

The repurchased shares will be cancelled. The bid is valid till October 17, 2024, or such earlier time as the Bid is completed or terminated. As of October 5, 2023, the company had 44,723,685 common shares in issue and outstanding.