Cae receives regulatory approval for normal course issuer bid

Montreal , may 27, 2024 /prnewswire/ - (nyse: cae) (tsx: cae) – cae inc. today announced that it has received regulatory approval to proceed with its previously-announced normal course issuer bid ("ncib") to purchase, for cancellation, up to 15,932,187 of its common shares commencing may 30, 2024 and ending may 29, 2025. the maximum number of common shares that may be repurchased under the program represents approximately five percent (5%) of the issued and outstanding common shares of cae.
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