07:47 AM EDT, 03/11/2026 (MT Newswires) -- Maple Leaf Foods ( MLFNF ) on Wednesday said the Toronto Stock Exchange (TSX) accepted its notice to establish a normal course issuer bid (NCIB) program.

The company said the bid starts on March 13, 2026, and will cancel on March 12, 2027, or on such earlier date as it may complete its purchases pursuant to a notice of intention filed with the TSX. Maple Leaf Foods ( MLFNF ), under the bid, is authorized to buy back up to 7.3-million of its common shares out of the 124.6-million common shares outstanding as at March 2, and representing 9.73% of the public float of about 75-million common shares as at March 2, by way of normal course purchases effected through the facilities of the TSX and/or alternative Canadian trading systems.

It also entered into an automatic share purchase plan with its designated broker to allow for purchases of common shares during certain pre-determined blackout periods, subject to certain parameters as to price and number of common shares.

The company's prior NCIB for the buy-back of up to 7.4-million common shares, will expire on March 12.

Shares of the company closed down 2.5% to $27.9 on Tuesday on the TSX.