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FirstService expands share buyback program to repurchase up to 10% of public float by August 2026.

Company Fundamentals
02 Jun 2026
GlobeNewsWire
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Bullish
FirstService expands share buyback program to repurchase up to 10% of public float by August 2026.

FirstService Corporation has received approval to increase its normal course issuer bid (NCIB) from 1.6 million shares to 4.1 million shares, representing 10% of its public float as of August 2025. The amended NCIB, effective June 4, 2026, allows the company to repurchase shares on the open market until August 25, 2026, with all repurchased shares to be cancelled. FirstService has already bought back over 931,000 shares at an average price of $132.38. The company also introduced an automatic share purchase plan to facilitate buying shares even during blackout periods, aiming to use corporate funds effectively and mitigate dilution from stock options.

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