RB Global Announces an Increase to its Share Repurchase Program from $500 million to $1 billion
RB Global doubled the cap on its share repurchase program to US$1 billion after the Toronto Stock Exchange approved an amendment to its normal course issuer bid, lifting the maximum repurchase to 14,224,129 shares — approximately 10% of the company's public float. As of September 11, 2026, the company had already repurchased 5,363,497 shares at an average price of about US$93.22 each, effectively exhausting the original US$500 million authorization.
Key figures
- Effective date
- September 17, 2026
- Termination date
- March 17, 2027
- Shares outstanding
- 185924928
- Prior authorization
- $500 million
- Public float shares
- 142241292
- Buyback authorization
- $1 billion
- Max shares pct of float
- approximately 10%
- Daily tsx purchase limit
- 75349
- Max shares repurchasable
- 14224129
- Shares repurchased to date
- 5363497
- Average repurchase price usd
- 93.22
AI analysis
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