Toromont launches NCIB to buy back up to 8,151,696 shares

Bitget2026/09/22 10:30

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Toromont launched a normal course issuer bid to repurchase up to 8,151,696 Common Shares, equal to 10% of its public float.
Buyback runs from Sept. 24, 2026 to Sept. 23, 2027; shares acquired will be cancelled.
Daily purchases capped at 69,196 shares, based on average daily volume of 276,787 over the past six months.
An automatic securities purchase plan will allow repurchases during blackout periods, subject to preset parameters.
No shares were repurchased under the prior NCIB that ran from Sept. 23, 2025 to Sept. 22, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Toromont Industries Ltd. published the original content used to generate this news brief via CNW (Ref. ID: 202609220630CANADANWCANADAPR_C6581) on September 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Toromont launches NCIB to buy back up to 8,151,696 shares

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