10:57 AM EDT, 04/27/2026 (MT Newswires) -- Groupe Dynamite ( GRGDF ) has closed the offering of 2.7 million subordinate shares, which were sold at $93.00 each, raising $251 million for the selling shareholder, chief executive Andrew Lutfy, the company said on Monday.

Groupe Dynamite ( GRGDF ) also completed its buyback of 1.6 million subordinate voting shares from Lutfy at the same offering price, for a total of $51 million.

Groupe Dynamite ( GRGDF ) shares were last seen down $0.92 to $86.64 on the Toronto Stock Exchange.

Price: 86.58, Change: -0.98, Percent Change: -1.12