08:20 AM EDT, 06/14/2024 (MT Newswires) -- George Weston (WN.TO) said on Friday that it entered into an automatic share purchase plan with a broker for the repurchase of the company's common shares under its previously announced normal course issuer bid.

The Toronto Stock Exchange allowed the company to buy up to 6.6 million common shares, representing about 5% of about 132.9 million common shares outstanding as of May 13.

The shares would be bought during the 12 months from May 27, 2024, to May 26, 2025.

The company's shares slipped 0.5% in Canada yesterday.