financetom
Business
financetom
/
Business
/
IGM Financial Boosts Share Buyback Limit to 6 Million Shares Under NCIB
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
IGM Financial Boosts Share Buyback Limit to 6 Million Shares Under NCIB
Nov 11, 2025 6:13 AM

08:33 AM EST, 11/11/2025 (MT Newswires) -- IGM Financial ( IGIFF ) on Tuesday said that the Toronto Stock Exchange (TSX) accepted the notice filed by it to amend its normal course issuer bid (NCIB) effective as of Nov. 13, 2025.

The company said that the amendment increases the maximum number of common shares of the corporation that may be repurchased from the current 5 million shares to 6 million shares, approximately 2.5 percent of the around 238.03 million common shares outstanding on Dec. 9, 2024.

Purchases under the NCIB began on Dec. 23, 2024, and will end no later than Dec. 22, 2025.

Any common shares purchased pursuant to the NCIB will be cancelled.

The company said that, as of Nov. 3, 2025, an aggregate of around 4.17 million shares have been purchased under the current NCIB.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Copyright 2023-2026 - www.financetom.com All Rights Reserved