07:48 AM EDT, 10/04/2024 (MT Newswires) -- Loblaw Companies ( LBLCF ) on Friday said it agreed to an automatic share purchase plan with a broker to carry out repurchases of its common shares under its normal course issuer bid.
The stock buyback, which began on May 6, terminates on May 5 of next year and allows Loblaw ( LBLCF ) to purchase up to 15.3 million shares.