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Chorus Aviation Announces Substantial Issuer Bid for an Aggregate Purchase Price Not Exceeding $50 Million of Its Shares

Newswire.ca - Mon Sep 22, 2025

HALIFAX, NS, Sept. 22, 2025 /CNW/ - Chorus Aviation Inc. (TSX: CHR) ("Chorus" or the "Company") today announced a substantial issuer bid (the "Offer") pursuant to which the Company will offer to purchase up to $50 million in value of its Class A Variable Voting Shares and Class B Voting Shares (collectively, the "Shares") from holders of Shares (the "Shareholders") at a cash purchase price of not less than $23.00 and not more than $25.00 per Share.

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