Aimia (AIM.TO) announced Thursday that the Toronto Stock Exchange approved its previously-announced normal course issuer bid.
The company has received approval to purchase for cancellation up to around 5 million of its common shares, or 10% of the public float of around 50.1 million common shares as at May 29, 2026, through the facilities of the TSX and through alternative Canadian trading systems, or by exempt offers or block purchases, during the period from June 8, 2025 to no later than June 7, 2027, it said.
"As at May 29, 2026, there were 88,565,885 issued and outstanding common shares and Aimia has repurchased 3,725,400 of its common shares over the 12 past months out of the 5,906,629 shares that were authorized for repurchase and cancelation by the TSX during the 2025-2026 NCIB program," added the company. "The weighted average price of the shares purchased was $2.87 per share. "