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 580,102 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 9, 2023 and will end on March 8, 2024. As of February 24, 2023, the company had 11,602,048 common shares outstanding.