CCL Industries Inc. Announces TSX Acceptance of Normal Course Issuer Bid

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May 23, 2023

TORONTO, ON / ACCESSWIRE / May 23, 2023 / CCL Industries Inc. (TSX:CCL.A, Financial)(TSX:CCL.B, Financial) (the "Company" or "CCL"), a world leader in specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, announced today that the Toronto Stock Exchange ("TSX") has accepted a notice filed by the Company to commence a normal course issuer bid ("the Bid"). Under the Bid, the Company is authorized to acquire up to 14,500,000 of its Class B non-voting shares, being approximately 9.94% of the public float of the Class B non-voting shares as of May 15, 2023. No Bid is proposed to be made for the Company's Class A voting shares.