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Alithya Gets TSX Approval for Share Buyback of Up to 5.9 Million Shares
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Alithya Gets TSX Approval for Share Buyback of Up to 5.9 Million Shares
Sep 10, 2025 5:38 AM

08:04 AM EDT, 09/10/2025 (MT Newswires) -- Alithya Group ( ALYAF ) , a strategy and digital transformation company, said Wednesday the Toronto Stock Exchange accepted its notice of intention to implement a normal course issuer bid.

Under the program, the company may buy back for cancellation up to 5.9 million Class A shares, or 10% of its public float, based on 92.7 million issued and outstanding Class A shares as of Sept. 2. Alithya ( ALYAF ) has not repurchased any shares in the past 12 months.

Purchases may start Sept. 12 and will end on the earlier of Sept. 11, 2026, or once the maximum number of shares is acquired, or if the company decides to stop. Alithya ( ALYAF ) said it will enter into an automatic share purchase plan with a designated broker to carry out repurchases under regulatory conditions.

The shares closed down 0.6% at $1.63 Tuesday on the Toronto Stock Exchange.

Shares of the company closed down 0.6% at $1.63 Tuesday on the Toronto Stock Exchange.

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