TSX:AIFReal Estate
How Investors May Respond To Altus Group (TSX:AIF) OSC Relief Enabling C$350 Million Share Bid
Altus Group recently received an exemptive relief order from the Ontario Securities Commission for its ongoing substantial issuer bid to repurchase up to C$350,000,000 of common shares via a modified Dutch auction running until January 8, 2026, unless extended or varied.
This regulatory relief could materially influence Altus Group’s capital allocation flexibility and future share count, against a backdrop of previously weak profitability metrics and a high payout ratio.
We’ll now examine...