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Northfield Announces Intention to Commence Normal Course Issuer Bid
TORONTO, ON / ACCESS Newswire / February 24, 2026 / Northfield Capital Corporation (TSXV:NFD.A...
About this update from Northfield Capital Corporation Class A
[{"type":"text","content":"Northfield Announces Intention to Commence Normal Course Issuer BidTORONTO, ON / ACCESS Newswire / February 24, 2026 / Northfield Capital Corporation (TSXV:NFD.A) (\"Northfield\") announced today its intention to effect a normal course issuer bid through the facilities of the TSX Venture Exchange.Northfield may, during the 12-month period commencing February 27, 2026 and ending February 26, 2027, purchase on the TSX Venture Exchange up to 1,035,239 Class A restricted voting shares in total, representing approximately 5% of the 20,704,780 Class A restricted voting shares currently issued and outstanding. The price which Northfield will pay for any such shares will be the market price at the time of acquisition. The actual number of Class A restricted voting shares which may be purchased and the timing of any such purchases will be determined by Northfield.Northfield has retained Leede Financial Inc. to effect purchases on its behalf pursuant to the bid. All Class A restricted voting shares purchased pursuant to the bid will be surrendered by Northfield to its transfer agent for cancellation and will be returned to treasury. Northfield is effecting the bid at this time as it believes that its Class A restricted voting shares are undervalued at their current market prices and that the purchase of Class A restricted voting shares would be a prudent use of funds.Northfield previously purchased an aggregate of 32,600 Class A restricted voting shares through the facilities of the TSX Venture Exchange under a normal course issuer bid (the \"2025 NCIB\") conducted by Northfield, which commenced January 15, 2025 and ended on January 14, 2026. The shares purchased by Northfield under the 2025 NCIB were purchased at an average price of $5.77 per share and were cancelled and returned to treasury.About NorthfieldNorthfield is a publicly traded, leading Canadian investment firm with deep roots in resources, mining, aviation, and premium alcoholic beverages. Founded in 1981 by Robert D. Cudney, Northfield combines decades of experience with forward-thinking strategies to unlock opportunities across its diverse portfolio. Northfield is dedicated to fostering growth and innovation in businesses that drive economic prosperity in Canada. For more information, visit www.northfieldcapital.com.For more information, visit www.northfieldcapital.com.For ...