Toromont Industries Ltd. (TSX:TIH) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 8,193,292 common shares, representing 9.96% of its issued share capital. The shares repurchased will be cancelled.

The bid is valid till September 18, 2023. As of September 9, 2022, the company had 82,238,087 common shares are issued and outstanding.