Intact Financial Corporation (TSX:IFC)announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 5,349,626 common shares, representing 3% of its issued share capital. The program is subject to regulatory approval.

The repurchased shares will be cancelled. The program will expire on February 16, 2025 or the date on which the company has either acquired the maximum number of common shares allowable or otherwise decided not to make any further repurchases. As of February 7, 2024, the company has 178,320,868 shares issued and outstanding.