Financial Wire

Onex Renews Normal Course Issuer Bid

-- Onex (ONEX.TO) on Wednesday said the Toronto Stock Exchange accepted its notice of intention to make a Normal Course Issuer Bid (NCIB) permitting the company to buy back for cancellation up to 10% of the public float in its subordinate voting shares, or 6.4-million shares.

The company said there are 76.2-million subordinate voting shares issued and outstanding and the public float as at Apr. 10, was 63.9-million shares. Onex may buy back shares from time to time during the next twelve months.

The NCIB will start on Apr. 18, 2026, and will conclude on the earlier of the date on which purchases under the bid have been completed and Apr. 17, 2027.

Shares of the company closed up 1.2% to $109.21 on Tuesday on the Toronto Stock Exchange.

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Onex Renews Normal Course Issuer Bid | Financial Wire