07:58 AM EST, 11/25/2025 (MT Newswires) -- Aimia ( AIMFF ) said Tuesday that it has received a C$8.8 million tax refund following the final processing of the notices of reassessment from Revenue Quebec related to a 2013 income tax audit of a former subsidiary.
The company plans to use the proceeds to support its 2025-2026 normal course issuer bid and for general investment purposes.
Aimia ( AIMFF ) said it has received a combined total tax refund of $38.1 million from Revenue Quebec related to the 2013 income tax audit. The company said it considers the matter closed and expects no further refunds or payments as a result.
The company's two core global businesses comprise Bozzetto, a sustainable specialty chemicals company, and Cortland International, a rope and netting solutions company.
Aimia's ( AIMFF ) share price fell 1.8% on Monday to $2.74 on the Toronto Stock Exchange.