Frontera Infrastructure Will Have US$64 Million Cash For Growth

Frontera Energy Says Initial Distribution Delivers C$8.34 per Share in Cash to Shareholders

Aimia Repurchases 0.25% of Shares Under NCIB in May

Aimia (AIM.TO) has repurchased and settled for cancellation 0.25% of its common shares outstanding in May under its normal course issuer bid (NCIB) program, the diversified conglomerate said Monday.The company repurchased 224,400 of its common shares in May at a weighted average price of $2.70 per share or $606,220 in total, excluding brokerage fees.Through May 31, Aimia has repurchased and cancelled 9,835,432 common shares since it first announced its share buyback initiative on June 4, 2024.Aimia believes that the market price of its common shares may not reflect the company's value from time to time, and that repurchasing the shares pursuant may represent an appropriate and desirable use of the company's funds."Therefore, Aimia believes that it is in its best interest to proceed with this NCIB, while maintaining sufficient financial flexibility to execute on the company's future strategic direction and capital allocation priorities," the company said.

Canadian Banc Says TSX Approved Its Normal Course Issuer Bid

Canadian Banc's (BK.TO) notice of intention to make a Normal Course Issuer Bid (NCIB) to buy back its Preferred Shares and Class A Shares through the facilities of the Toronto Stock Exchange (TSX) and/or alternative Canadian trading systems, have been approved by the TSX, it said on Monday.The NCIB will start on June 3, 2026 and cancel on June 2, 2027. Pursuant to the bid, the company proposes to buy back, from time to time, up to 5.5-million Preferred Shares and 5.3-million Class A Shares of the company, about 10% of the public float of 55.2-million Preferred Shares and 53.4-million Class A Shares.Shares of the company closed down 0.5% to $14.85 on Friday on the Toronto Stock Exchange.