MDA Space Ltd. Form 6-K — Sep 21, 2026
MDA Space announced that the Toronto Stock Exchange has accepted its notice of intention to launch a normal course issuer bid, entitling the company to purchase for cancellation up to 8,106,539 common shares over 12 months — approximately 5% of the 162,130,797 shares outstanding as of September 11, 2026. The NCIB is expected to run from September 23, 2026 to September 22, 2027, with daily purchases capped at 313,258 shares, equal to 25% of the average daily TSX volume of 1,253,034 shares over the six months ended August 31, 2026. Shares will be bought at market price through the TSX or alternative trading systems and cancelled.
Key figures
- Shares Outstanding
- 162130797
- Ncib Max Shares
- 8106539
- Ncib Termination
- September 22, 2027
- Ncib Commencement
- September 23, 2026
- Adv Measurement Period
- six months ended August 31, 2026
- Shares Outstanding As Of
- September 11, 2026
- Daily Purchase Limit Basis
- 25% of average daily trading volume
- Daily Purchase Limit Shares
- 313258
- Average Daily Trading Volume TSX
- 1253034
- Ncib Percent Of Shares Outstanding
- approximately 5%
AI analysis
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