07:54 AM EDT, 03/22/2024 (MT Newswires) -- George Weston Limited ( WNGRF ) -- which operates through its two reportable operating segments, Loblaw Companies ( LBLCF ) and Choice Properties Real Estate Investment Trust (CHP-UN.TO) -- on Friday said it has entered into an automatic share purchase plan (ASPP) with a broker in order to facilitate repurchases of its common shares under its normal course issuer bid (NCIB).

Weston previously announced that it had received TSX approval to purchase up to 6.95 million common shares from May 25, for one year.

Meanwhile, Loblaw ( LBLCF ) too announced that it has entered into an ASPP with a broker in order to facilitate repurchases of its common shares under its previously announced NCIB.

Loblaw ( LBLCF ) had received TSX approval to purchase up to 16 million common shares for a 12-month period starting May 5, 2023.