11:54 AM EST, 11/25/2025 (MT Newswires) -- (Updates prices.)

Aimia ( AIMFF ) said Tuesday it received a $8.8 million tax refund following the final processing of the notices of reassessment from Revenue Quebec related to a 2013 income-tax audit of a former subsidiary.

The company plans to use the proceeds to support its 2025-2026 normal course issuer bid and for general investment purposes.

Aimia ( AIMFF ) said it received a combined total tax refund of $38.1 million from Revenue Quebec related to the 2013 income tax audit. The company said it considers the matter closed and expects no further refunds or payments as a result.

The company's two core global businesses comprise Bozzetto, a sustainable specialty chemicals company, and Cortland International, a rope and netting company.

Aimia ( AIMFF ) shares were last seen up $0.06 to $2.80 on the Toronto Stock Exchange.

Price: 2.80, Change: +0.06, Percent Change: +2.19