07:07 AM EDT, 05/28/2025 (MT Newswires) -- Clothing company Aritzia ( ATZAF ) overnight Tuesday said it signed an automatic share purchase plan with its designated broker as part of its previously announced normal course issuer bid (NCIB) to purchase up to around 4.2 million of its subordinate voting shares during the twelve-month period starting May 7.
This plan will allow the company to purchase shares under the NCIB during pre-determined times when Aritzia ( ATZAF ) would ordinarily not be permitted to purchase shares due to regulatory restrictions and customary blackout periods.
It added that outside of pre-determined blackout periods, shares may be bought under the NCIB at management's discretion, in compliance with TSX rules and applicable securities laws.