TORONTO, May 17, 2024 /CNW/ – Dye & Durham Limited (“Dye & Durham” or the “Company“) (TSX: DND) announces today the commencement and terms of its previously announced substantial issuer bid (the “Offer“) under which the Company will offer to repurchase for cancellation up to $185,000,000 in aggregate principal amount of its issued and outstanding 3.75% convertible senior unsecured debentures due March 1, 2026 (“Debentures“). The Offer commences today and will expire on June 21, 2024, unless extended, varied or withdrawn.