United Corporations Limited (TSX:UNC) announces a share repurchase program after receiving approval from the Toronto Stock Exchange. Under the normal course issuer bid, the company will repurchase up to 562,823 shares, representing 5% of its issued share capital. The shares repurchased will be cancelled.

The funding for any repurchases pursuant to the bid will be financed out of the working capital of the company. The repurchases will commence on March 12, 2024 and will end on March 11, 2025. As of February 27, 2024, the company had 11,256,465 common shares outstanding.