Timbercreek Financial Corp. (TSX:TF) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 8,216,051 shares, representing 9.9% of its issued share capital.

The share repurchases will be cancelled. The bid is valid till June 11, 2025, or the date on which the company has purchased the maximum number of shares permitted under the bid. As of May 31, 2024, the company had 83,009,516 shares are issued and outstanding.