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Auxly Cannabis launches a buyback plan to repurchase up to 5% of its shares over one year.

Company Fundamentals
14 Apr 2026
PRNewsWire
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Bullish
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Auxly Cannabis Group has announced a normal course issuer bid (NCIB) to repurchase up to 68.9 million common shares, representing less than 5% of its outstanding shares, from April 20, 2026, to April 19, 2027. The company believes its shares are undervalued and aims to enhance shareholder value by buying back shares at market prices using its cash resources. Daily purchases will be limited based on average trading volumes, and repurchased shares will be cancelled. This move signals Auxly's confidence in its long-term prospects and commitment to returning value to shareholders.

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