07:32 AM EDT, 10/04/2024 (MT Newswires) -- George Weston Limited ( WNGRF ) on Friday entered into an automatic share purchase plan with a broker in order to facilitate repurchases of Weston's common shares under its previously announced normal course issuer bid.

Weston previously announced that it had received approval from the Toronto Stock Exchange to, during the 12-month period commencing May 27, 2024 and terminating May 26, 2025 purchase up to 6,646,057 common shares, representing approximately 5% of the 132,921,158 common shares issued and outstanding as of May 13, 2024, by way of a NCIB on the TSX or through alternative trading systems or by such other means as may be permitted under applicable law.

WN lost $1.09 or 0.5% to $222.40 on the TSX yesterday.