 QUEBEC CITY , Jan. 7 , 2020 CNW Telbec - EXFO Inc. EXFO EXF.TO announced today that its Board of Directors has authorized the renewal of its share repurchase program, by way of a normal course issuer bid NCIB on the open market, of up to approximately 3.1 600,000 subordinate voting shares of the public float of 19,332,229 subordinate voting shares as defined by the Toronto Stock Exchange TSX, as of December 31, 2019 . In the course of the ongoing NCIB, the number of shares sought and approved for repurchase was 1,200,000 shares. EXFO repurchased a total of 140,920 shares, being 132,720 shares on the TSX at a weighted average amount of CA5.09 and 8,200 shares on the NASDAQ Global Market NASDAQ at a weighted average amount of US3.23 . 