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Flow Capital Announces 2025 Normal Course Issuer Bid For Common Shares
Globenewswire· 2025-11-26 22:13
TORONTO, ON, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV: FW) (“Flow Capital” or the “Company”) announces today its intention to commence a normal course issuer bid through the facilities of the TSX Venture Exchange (the “TSXV”) to repurchase, for cancellation, up to 2,115,988 common shares of the Company, representing approximately 10% of the Company’s "public float" (i.e., the common shares held by non-insiders) (the “NCIB”). The NCIB remains subject to the final approval of the TSXV. ‍The ...
Flow Capital Announces 2025 Normal Course Issuer Bid For Common Shares
Globenewswire· 2025-11-26 22:13
TORONTO, ON, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV: FW) (“Flow Capital” or the “Company”) announces today its intention to commence a normal course issuer bid through the facilities of the TSX Venture Exchange (the “TSXV”) to repurchase, for cancellation, up to 2,115,988 common shares of the Company, representing approximately 10% of the Company’s "public float" (i.e., the common shares held by non-insiders) (the “NCIB”). The NCIB remains subject to the final approval of the TSXV. ‍The ...
Thunderbird Entertainment Group Reports Fiscal 2026 First Quarter Results
Businesswire· 2025-11-26 12:32
Nov 26, 2025 7:32 AM Eastern Standard Time Thunderbird Entertainment Group Reports Fiscal 2026 First Quarter Results "With roughly three-quarters of our expected production revenue already greenlit and in motion, we have strong visibility into the year ahead,†said Jennifer Twiner McCarron, Chief Executive Officer and Chair of Thunderbird. "Our teams are managing 26 programs in various stages of production, up from 25 last quarter. While our quarterly results reflect timing shifts in greenlit productions, we ...
The North West Company Inc. Announces Renewal of its Normal Course Issuer Bid
Globenewswire· 2025-11-21 02:00
Core Viewpoint - The North West Company Inc. has announced its intention to initiate a normal course issuer bid (NCIB) to repurchase up to 4,752,020 of its common voting shares and variable voting shares, representing approximately 10% of its public float as of November 13, 2025, with the aim of utilizing available resources in the best interests of the Company [1][2]. Summary by Sections NCIB Details - The Company may acquire a maximum of 4,752,020 Shares for cancellation over the next 12 months, based on its public float as of November 13, 2025, which includes 47,736,757 issued and outstanding Shares [2]. - Purchases will be conducted through the TSX or Canadian alternative trading systems at market price, with a daily maximum purchase limit of 35,865 Shares, which is approximately 25% of the average daily trading volume over the last six months [3]. Automatic Securities Purchase Plan - An automatic securities purchase plan has been established to facilitate share purchases during regulatory restrictions or blackout periods, allowing the Company to request its broker to make purchases within specified parameters [4]. - The automatic securities purchase plan will be effective starting November 25, 2025, and the Company retains the right to suspend or discontinue the NCIB at any time [4][5]. Historical Context - The current NCIB follows the previous 2025 NCIB, which allowed the repurchase of up to 4,765,289 Shares, during which the Company repurchased and canceled 197,899 Shares at an average price of $47.63 per Share [6]. Company Profile - The North West Company Inc. is a leading retailer of food and everyday products, operating 229 stores under various trading names and generating annualized sales of approximately CDN$2.6 billion [12].
BOARDWALK REIT ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID
Prnewswire· 2025-11-20 12:30
Accessibility StatementSkip Navigation CALGARY, AB, Nov. 20, 2025 /PRNewswire/ - Boardwalk Real Estate Investment Trust (TSX: BEI.UN) Boardwalk Real Estate Investment Trust ("Boardwalk", the "REIT" or the "Trust") announced today that it has received approval from the Toronto Stock Exchange (the "TSX") to renew its normal course issuer bid (the "NCIB") for an additional one year period. The NCIB allows the REIT to purchase up to 4,018,000 Â trust units of the Trust (the "Units") (representing approximately ...
Torex Gold Announces Renewal of Normal Course Issuer Bid
Newsfile· 2025-11-19 12:30
(All amounts expressed in U.S. dollars unless otherwise stated)Toronto, Ontario--(Newsfile Corp. - November 19, 2025) - Torex Gold Resources Inc. (the "Company" or "Torex") (TSX: TXG) (OTCQX: TORXF) announces that, further to its news release dated November 5, 2025, it has received approval from the Toronto Stock Exchange (the "TSX") of its notice of intention to renew its normal course issuer bid (the "NCIB").Under the NCIB, Torex is authorized to purchase up to 8,133,430 of its common shares ("Common Sha ...
Tree Island Renews Normal Course Issuer Bid
Globenewswire· 2025-11-07 12:30
Core Viewpoint - Tree Island Steel Ltd. has received approval from the Toronto Stock Exchange to renew its normal course issuer bid to repurchase up to 1,290,000 common shares, which is approximately 5% of its issued and outstanding shares, with the bid period running from November 12, 2025, to November 11, 2026 [1] Group 1: Share Repurchase Details - The company plans to purchase shares through the TSX or any Canadian alternative trading system, with all repurchased shares to be cancelled [1] - As of October 31, 2025, Tree Island Steel had 25,909,295 common shares issued and outstanding, with a public float of 9,307,399 shares [2] - The maximum number of shares that can be purchased on any trading day is 2,177, which is 25% of the average daily trading volume over the previous six months [2] Group 2: Previous Share Repurchase Program - In the previous normal course issuer bid (2024 NCIB), Tree Island Steel acquired 108,571 common shares at a weighted average price of $2.5623 per share, with the program allowing for the purchase of up to 1,300,000 shares [3] - The 2024 NCIB is set to expire on November 10, 2025 [3] Group 3: Strategic Rationale - The board of directors has decided to renew the normal course issuer bid, believing that repurchasing shares at the current market price is a beneficial use of funds and in the best interests of the company and its shareholders [4] Group 4: Company Overview - Tree Island Steel, established in 1964 and headquartered in Richmond, British Columbia, produces a variety of wire products for industrial, residential, commercial, and agricultural applications [5] - The company's product offerings include galvanized wire, bright wire, fasteners, stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated wire products, marketed under various brand names [5]
Air Canada Reports Third Quarter 2025 Financial Results
Globenewswire· 2025-11-04 22:30
Core Insights - Air Canada reported solid third quarter financial and operational performance despite labor disruptions affecting customer service [3][4] - The company anticipates strong booking momentum for the fourth quarter and early indicators for the first quarter of 2026 [4] Financial Performance - Operating revenues for Q3 2025 were $5.774 billion, a decline of 5% compared to the previous year [7] - Operating income was $284 million with an operating margin of 4.9%, and adjusted EBITDA was $961 million with an adjusted EBITDA margin of 16.6% [15] - Net cash flows from operating activities were $813 million, and free cash flow was $211 million [7][15] Guidance and Outlook - For the full year 2025, Air Canada updated its guidance for adjusted EBITDA to between $2.95 billion and $3.05 billion [10] - The company expects a 0.75% increase in ASM capacity compared to 2024 and adjusted CASM to remain between 14.60¢ and 14.70¢ [10] - Free cash flow guidance has been revised to a range of $0 to $200 million, an improvement from the previous forecast of -$50 million to $150 million [10] Strategic Initiatives - Air Canada plans to focus on growth through strategic initiatives and the introduction of new efficient aircraft [5] - The company aims to improve its cost structure through productivity gains and operational efficiencies [5] - A normal course issuer bid (NCIB) has been announced, allowing the purchase of up to 29,557,428 shares to address shareholder dilution [13][14] Long-term Targets - Air Canada has set long-term financial targets for 2028, including operating revenues of approximately $30 billion and an adjusted EBITDA margin of at least 17% [21] - The company aspires to achieve a return on invested capital of at least 12% by 2030 [21]
iA Financial Group Announces the Renewal of its Normal Course Issuer Bid
Businesswire· 2025-11-04 22:19
Core Viewpoint - iA Financial Group has announced the renewal of its Normal Course Issuer Bid (NCIB), allowing the purchase of up to 4,607,178 common shares from November 14, 2025, to November 13, 2026, representing approximately 5% of its outstanding shares as of October 31, 2025 [1][4]. Summary by Sections Normal Course Issuer Bid (NCIB) - The current NCIB, expiring on November 13, 2025, allows for the repurchase of up to 4,694,894 common shares, with 2,089,000 shares already repurchased at an average price of approximately $140.2285 per share [2][3]. - Purchases will be made at market price through TSX and other trading systems, and all repurchased shares will be cancelled [3]. Shareholder Value - The board believes that repurchasing shares is a desirable use of available cash to enhance shareholder value [4]. Trading Volume and Purchase Limits - The average daily trading volume of the Corporation's shares was 265,608 over the last six months, allowing for a maximum purchase of 66,402 shares on any trading day under TSX rules [5]. Automatic Share Repurchase Plan - iA Financial Group has established an Automatic Share Repurchase Plan, pre-cleared by TSX, to facilitate share repurchases even during regulatory restrictions or blackout periods [6]. Additional Information - Shareholders can obtain documents related to the NCIB by contacting the Corporate Secretary of iA Financial Group [7].
Celestica Inc. (NYSE: CLS) Initiates Normal Course Issuer Bid and Director Increases Holdings
Financial Modeling Prep· 2025-10-31 01:09
Core Insights - Celestica Inc. is a significant player in the electronics manufacturing services industry, providing design, manufacturing, and supply chain solutions, competing with firms like Flex Ltd. and Jabil Inc. [1] - The company has received approval from the Toronto Stock Exchange to initiate a Normal Course Issuer Bid, allowing it to repurchase up to 5.7 million common shares, approximately 5% of its public float [2][5] - The current stock price of Celestica is $340.13, reflecting a slight increase of 0.70% or $2.36, with a market capitalization of about $39.13 billion [3][4][5] Stock Performance - The stock has experienced fluctuations between $329.24 and $348.92 today, with a yearly high of $355.50 and a low of $58.05, indicating market volatility [3] - The average daily trading volume over the past six months was around 886,938 shares, with today's trading volume reaching 2.77 million shares [4] Shareholder Activity - Director KOELLNER LAURETTE T purchased 600 common shares at $340.55 each, increasing her total holdings to 1,300 shares [1][5]