Andlauer Healthcare Group Inc. (TSX:AND) announces a share repurchase program. Under the substantial issuer bid, the company will repurchase up to 2,000,000 subordinate voting shares, representing approximately 4.8% of its issued share capital for CAD 90 million. The shares will be repurchased at a price of CAD 45 per share.

The share repurchases will be cancelled. If more than 2,000,000 shares and Multiple Voting shares are properly deposited and not properly withdrawn, such deposited shares (including shares underlying Multiple Voting shares) will be purchased on a pro rata basis.