Fairfax Financial Holdings Limited begins share buyback program on TSX
3 reports, 1 independent
Updated Sep 28
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What happened
Fairfax Financial Holdings Limited announced it is commencing a Normal Course Issuer Bid (NCIB) through the Toronto Stock Exchange facilities. The bid targets its Subordinate Voting Shares and Series K Shares. The company approved the purchase period, which runs from September 30, 2026, to September 29, 2027, with limits set for both share types.
From recorder.ca
Why it matters
Fairfax stated that the NCIB is based on the belief that its shares represent an attractive investment opportunity. The company noted that purchasing the Subordinate Voting Shares under the bid is intended to enhance the value of the shares held by remaining shareholders.
From recorder.ca
Who's involved
- FFHInitiating the share purchase program through the bid.
- Toronto Stock ExchangeProviding the facilities for the company to commence the bid.
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The entities involved
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FFH
Czech company
Nothing else this week.
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Toronto Stock Exchange
stock exchange in Canada
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