Urbana Corporation (TSX:URB) announces a share repurchase program. Under the program, the company will repurchase up to 3,139,548 of its non-voting Class A shares, representing 9.90% of its issued share capital. Shares purchased under the bid will be cancelled.

Purchases under the bid will commence on September 7, 2022, and will be valid till September 6, 2023. As of August 24, 2022, the company had 31,717,100 shares issued and outstanding.