Extendicare Announces Normal Course Issuer Bid

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Jun 27, 2022

MARKHAM, Ontario, June 27, 2022 (GLOBE NEWSWIRE) -- Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) announced today that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by Extendicare of its intention to make a normal course issuer bid (“NCIB”) for up to 7,829,630 of its common shares (the “Common Shares”), representing 10% of its public float of issued and outstanding Common Shares. As at June 16, 2022, there were 89,739,924 Common Shares issued and outstanding and the public float was 78,296,307 Common Shares, calculated in accordance with the rules of the TSX.