A2Z extends $20M share repurchase program through December 2026
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A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) has extended its share repurchase program by six months, pushing the expiration date from July 6, 2026, to December 31, 2026, according to a press release from the Toronto-based company.
The program, which authorizes the repurchase of up to $20 million in outstanding shares, has so far resulted in the buyback of 987,461 shares for a total of $6,179,293, excluding broker commissions. Approximately $13.8 million remains available under the program.
Oppenheimer & Co., Inc. serves as the broker for the program. Repurchases may be conducted through open market transactions or other methods at prevailing market prices, subject to SEC Rule 10b-18 and/or Rule 10b5-1 requirements. The company said it will use existing cash and cash equivalents to fund the buybacks. All repurchased shares will be returned to treasury and cancelled.
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