StockWatch
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Industrial Machinery/Components
BuybackAug 11, 2026, 12:22 PM

ATS Updates on NCIB, Buys Back 146K Shares for $4.25M

AI Summary

ATS Corporation announced the election of all nominee directors at its Annual and Special Meeting of Shareholders held on August 6, 2026, with 88.12% of common shares represented. The company also provided an update on its Normal Course Issuer Bid (NCIB), stating it has purchased 146,085 common shares at an average price of $29.08, totaling approximately $4.25 million. ATS is authorized to repurchase up to 8,225,621 common shares for cancellation under the NCIB, which is active until December 21, 2026.

Key Highlights

  • All nominee directors listed in the management information circular dated June 22, 2026, were elected.
  • The Annual and Special Meeting of Shareholders took place on August 6, 2026.
  • Total percentage of ATS common shares represented at the Annual Meeting was 88.12%.
  • ATS has purchased 146,085 common shares under its NCIB to date.
  • The average purchase price for shares under NCIB was $29.08.
  • Aggregate purchase cost for the NCIB shares was approximately $4.25 million.
  • ATS has the ability to purchase up to a maximum of 8,225,621 common shares for cancellation under the NCIB.
  • The NCIB period runs from December 22, 2025, to December 21, 2026.