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Black Diamond renews share buyback plan to repurchase up to 5.26M shares by May 2027.

Company Fundamentals
08 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Black Diamond Group Limited has received approval from the Toronto Stock Exchange to renew its normal course issuer bid (NCIB), allowing it to repurchase up to 5,261,698 common shares, representing 10% of its public float, over a 12-month period starting May 12, 2026. The company believes its shares are undervalued at times and sees the buyback as a good investment to increase remaining shareholders' interests. Shares bought back will be cancelled, and the company has also set up an automatic share purchase plan to enable repurchases during blackout periods. This move follows a previous NCIB that ends May 11, 2026, under which Black Diamond repurchased 33,050 shares at an average price of $11.96 each.

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