Aecon renews share buyback, targets up to 3,426,476 shares under NCIB

Reuters2026/08/12 12:12

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Aecon renewed its normal course issuer bid to repurchase up to 3,426,476 shares, or 5% of outstanding stock.
Program runs from Aug. 19, 2026 to Aug. 18, 2027, or until the maximum is reached.
Previous buyback authorizing up to 3,180,767 shares expires Aug. 18, 2026; 228,550 shares bought at C$ 22.14 average.
Repurchases to be made on the TSX or Canadian alternative trading systems at prevailing market prices; funded with cash or credit facility.
Automatic securities purchase plan to start Aug. 19, 2026 to allow purchases during blackout periods under preset parameters.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aecon Group Inc. published the original content used to generate this news brief on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Aecon renews share buyback, targets up to 3,426,476 shares under NCIB

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