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AtkinsRealis Group Says TSX Approved Renewal of Normal Course Issuer Bid
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AtkinsRealis Group Says TSX Approved Renewal of Normal Course Issuer Bid
Mar 13, 2026 5:52 AM

08:37 AM EDT, 03/13/2026 (MT Newswires) -- AtkinsRealis Group ( SNCAF ) on Friday said that the Toronto Stock Exchange (TSX) approved the renewal of its normal course issuer bid (NCIB) to buy back for cancellation up to 13.6-million of its common shares over the twelve-month period starting on March 17, 2026 and ending no later than March 16, 2027, about 10% of the company's public float calculated as of March 3.

The company has established an automatic share purchase plan with its designated broker to facilitate the buy-back of common shares under the NCIB during times when the company would ordinarily not be permitted to purchase due to regulatory restrictions or self-imposed black-out periods. The automatic share purchase plan has been pre-cleared by the TSX and will be implemented effective March 17.

AtkinsRealis ( SNCAF ) will also be permitted to buy back its common shares from Caisse de depot et placement du Quebec (La Caisse) in accordance with an exemption granted by the TSX in connection with the bid in order to enable La Caisse to maintain its current proportionate shareholding percentage as close as possible to 16.7% of the issued and outstanding common shares and without increasing such proportionate shareholding. Purchases from La Caisse will be made during the TSX's "Special Trading Session" pursuant to an automatic disposition plan agreement between the broker, the company and La Caisse.

The ADP agreement will cancel automatically upon La Caisse selling any number of common shares other than pursuant to the ADP agreement, whether through the facilities of the TSX or otherwise. The company had 164.5-million common shares issued and outstanding on March 3, of which 136.9-million made up the public float.

Shares of the company closed down 1.3% to $92.25 on Thursday on the TSX.

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