Fairfax launches NCIB to buy back up to 2,025,315 shares, 950,000 Series K preferred shares

Bitget2026/09/28 11:45

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Fairfax Financial plans a normal course issuer bid to repurchase up to 2,025,315 subordinate voting shares from Sept. 30, 2026 to Sept. 29, 2027.
The program also targets up to 950,000 Cumulative 5-Year Rate Reset Preferred Shares, Series K; preferred shares bought will be cancelled.
Subordinate voting shares repurchased will be cancelled or held for share-based payment awards; daily TSX limits set at 15,137 shares.
An automatic share purchase plan starts Sept. 30, 2026 to allow purchases during blackout periods under preset parameters.
In the prior NCIB, Fairfax bought 1,593,566 subordinate voting shares at a volume-weighted average price of Cdn.$2,280.87; no preferred shares.

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. Fairfax Financial Holdings Limited published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609280745PRIMZONEFULLFEED9834710) on September 28, 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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Fairfax launches NCIB to buy back up to 2,025,315 shares, 950,000 Series K preferred shares

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