Financial Wire

CEMATRIX Renewing Normal Course Issuer Bid; Shares Hit 52 Week Highs Today

-- CEMATRIX Corporation (CEMX.TO), at a 52-week high today, after trade Tuesday said it received exchange approvals to renew its normal course issuer bid (NCIB).

Under the NCIB, the the specialty concrete-products company may buy back and cancel up to 13.37-million shares, 10% of the public float. The NCIB will take effect on April 17, 2026 and run for 12 months.

In connection with the NCIB, the company has entered into an automatic share purchase plan.

Under its expiring NCIB, the company repurchased 1.48 million of an allowed 13.51-million shares.

Shares in CEMATRIX closed up $0.02, or 3.9%, to $0.53 on the Toronto Stock Exchange.

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