Boyd Group Services can buy up to 2,779,352 common shares for cancellation, equal to approximately 10.0% of its public float. The NCIB gives the group another capital-allocation option, with purchases starting September 16, 2026, while it continues pursuing strategic acquisitions and industry consolidation.

Key Highlights

  • Daily NCIB purchases will generally be capped at 27,837 shares, representing 25% of average daily trading volume.
  • The program runs from September 16, 2026, through September 15, 2027, unless completed or ended earlier.
  • Boyd Group Services made no share purchases during the previous 12 months.

Boyd Group Services Inc. (NYSE: BGSI) can repurchase up to 2,779,352 common shares for cancellation under a new normal course issuer bid, equal to approximately 10.0% of its public float. The Toronto Stock Exchange approved the program, giving Boyd another stated capital-allocation option while it continues pursuing strategic acquisitions and industry consolidation.

NCIB Sets Purchase Limits and Start Date

The price for each repurchased share will be the prevailing Market Price at the time of purchase. Daily purchases will generally be limited to 27,837 shares, representing 25% of average daily trading volume. As of September 2, 2026, Boyd had 27,836,435 issued and outstanding shares, including 27,793,526 shares in the public float. The NCIB begins September 16, 2026, and ends September 15, 2027, unless completed or terminated earlier.

Repurchases Follow 12 Months Without Purchases

Management and the board said Boyd’s market price does not fully reflect, from time to time, the underlying value of its growth profile and cash-generating capabilities. Boyd said it made no share purchases during the previous 12 months. The group linked the NCIB to Shareholder value support while continuing its strategic Acquisition and industry-consolidation pipeline.