Calfrac Announces Normal Course Issuer Bid

CALGARY, Alberta, May 28, 2026 (GLOBE NEWSWIRE) -- Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX: CFW) announces that it has received approval from the Toronto Stock Exchange (the "TSX") to commence a normal course issuer bid (the "NCIB"). The Company believes that the market price of its shares does not fully reflect the underlying value of its business and future prospects.