Loblaw Companies Limited Enters into Automatic Share Purchase Plan to Purchase Common Shares of EQB

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[{"type":"text","content":"Loblaw Companies Limited Enters into Automatic Share Purchase Plan to Purchase Common Shares of EQB\nBRAMPTON, Ontario, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Loblaw Companies Limited (TSX: L; “Loblaw”) announced today that, in connection with its previously announced transaction (the “Transaction”) involving the sale of President’s Choice Bank and certain other affiliated entities to EQB Inc. (“EQB”) and long-term strategic relationship with EQB, it has entered into an automatic share purchase plan (“ASPP”) with a broker in order to facilitate the purchase of common shares in the capital of EQB (“EQB Common Shares”). Purchases under the ASPP will be made by Loblaw’s broker pursuant to parameters set by Loblaw when it is not in possession of any material non-public information about EQB and its securities. The ASPP has been entered into in accordance with the requirements of the TSX and applicable Canadian securities laws. Pursuant to the terms of the ASPP, Loblaw’s broker may acquire up to 1,220,000 EQB Common Shares, including any EQB Common Shares acquired by the broker on behalf of Loblaw prior to entering the ASPP (the “Maximum Amount”). The ASPP will terminate once the Maximum Amount has been purchased by the broker, or upon closing of the Transaction, if earlier, unless terminated earlier in accordance with its terms. Outside of the effective period of the ASPP, Loblaw may purchase EQB Common Shares at its discretion to the extent permitted by applicable law. About Loblaw Companies Limited Loblaw is Canada's food and pharmacy leader, and the nation's largest retailer. Loblaw provides Canadians with grocery, pharmacy, health and beauty, apparel, general merchandise, financial services and wireless mobile products and services. With more than 2,800 corporate franchised and Associate-owned locations, Loblaw, its franchisees and Associate-owners employ more than 220,000 full- and part-time employees, making it one of Canada's largest private sector employers. Loblaw's purpose – Live Life Well® – puts first the needs and well-being of Canadians who make one billion transactions annually in the company's stores. Loblaw is positioned to meet and exceed those needs in many ways: convenient locations; more than 1,...

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