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SECURE ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID
SECURE ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID Canada NewsWire Rene...
About this update from Secure Waste Infrastructure Corp.
[{"type":"text","content":"\n\n\nSECURE ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\nCanada NewsWire\n\n\n\nRenewal of the NCIB for the repurchase of up to approximately 19 million common shares, representing approximately 8.8% of common shares outstandingCALGARY, AB, Dec. 15, 2025 /CNW/ - SECURE Waste Infrastructure Corp. (\"SECURE\" or the \"Corporation\") (TSX: SES), a leading waste management and energy infrastructure company, announced today that the Toronto Stock Exchange (\"TSX\") has accepted for filing the Corporation's notice of intention to make a normal course issuer bid (\"NCIB\"). The NCIB effectively renews the Corporation's previous NCIB that expires on December 17, 2025, whereby SECURE received approval to purchase up to 19,367,434 common shares of the Corporation (\"common shares\"). As of December 5, 2025, the Corporation had acquired 9,696,900 common shares through market purchases on the TSX and alternative trading platforms at a weighted average price of $15.31 per share, representing approximately 4.1% of the number of common shares outstanding at the time of commencement. The Corporation also completed a Substantial Issuer Bid in May 2025, acquiring 9,382,390 common shares at a price of $14.50 per share. In total, SECURE has repurchased and cancelled 8.1% of it's common shares in the trailing 12-month period.\nPursuant to the NCIB, SECURE may repurchase from time to time up to a maximum of 19,074,068 common shares, representing approximately 8.8% of the 217,786,535 common shares outstanding as at December 5, 2025, or 10% of the Corporation's public float. Purchases under the NCIB may be made through open market transactions on the TSX and any alternative Canadian trading platforms on which the common shares are traded, based on the prevailing market price, at such times and in such quantities as the Corporation may determine, subject to applicable regulatory restrictions. Under TSX rules, not more than 176,286 common shares (being 25% of the average daily trading volume on the TSX of 705,146 common shares for the six ...