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Enterprise Group renews share buyback plan to repurchase up to 5.75M shares by April 2027

Company Fundamentals
30 Mar 2026
Newsfile Corp
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Bullish
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Enterprise Group, Inc. announced that the Toronto Stock Exchange approved its plan to renew a normal course issuer bid, allowing the company to buy back up to 5,754,150 common shares, representing 10% of its public float. The buyback will start on April 2, 2026, and continue until April 1, 2027, or until the company decides to end it earlier. Shares purchased will be cancelled, aiming to enhance shareholder value by acquiring shares at attractive prices. Over the past year, Enterprise Group bought 1,266,500 shares at an average price of $1.31 each. This move reflects the company's strategy to use its funds effectively and support its stock price.

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