EXFO Inc. (NASDAQ: EXFO; TSX: EXF) 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 10% (2,012,562 subordinate voting shares) of the public float (20,125,629 subordinate voting shares) as defined by the Toronto Stock Exchange (“TSX”).