LQWD Announces Share Buyback Program
TMX Newsfile·2026-03-04 13:30

Core Viewpoint - LQWD Technologies Corp. has received approval for a normal course issuer bid (NCIB) to repurchase its common shares, which the company believes will enhance long-term shareholder value [1][4]. Company Overview - LQWD Technologies Corp. is a Canadian public company focused on Bitcoin treasury and Lightning Network infrastructure, with approximately 31.9 million common shares outstanding and a strong balance sheet with no debt [5][6]. NCIB Details - The NCIB will allow the company to repurchase up to 2,605,548 common shares, representing about 10% of its public float, starting from March 9, 2026, until March 9, 2027, or until the maximum number of shares is purchased [2]. - Purchases will be conducted through the TSX Venture Exchange, with Haywood Securities Inc. appointed to manage the NCIB on behalf of the company [3]. Strategic Rationale - The company believes that the market price of its shares may not fully reflect its underlying business value, and repurchasing shares could be an attractive use of funds [4]. - LQWD is advancing Bitcoin adoption through the Lightning Network, which enables instant, low-cost transactions, positioning the company for significant scalability and potential long-term appreciation of Bitcoin [7][8].

LQWD Announces Share Buyback Program - Reportify