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Sundial Announces Share Repurchase Program

Sundial Announces Share Repurchase Program

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CALGARY, AB, Nov. 11, 2021 /PRNewswire/ – Sundial Growers (Nasdaq: SNDL) (“Sundial” or the “Company”) announced today that that its Board of Directors (the  “Board”) has approved a new share repurchase program (the “Share Repurchase Program”) which authorizes the Company to repurchase up to C$100 million (the “Share Repurchase Amount”) of its outstanding common shares (“shares”) from time to time at prevailing market prices, enabling Sundial to opportunistically return value to shareholders.  Pursuant to the Share Repurchase Program, Sundial may purchase shares from time to time at the discretion of management through open market purchases, privately negotiated transactions, block trades, derivatives, accelerated or other structured share repurchase programs, or other means.

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