SNDL Inc. (SNDL) Form 6-K — Oct 15, 2026
SNDL announced preliminary Q3 2026 free cash flow of approximately C$20 million, the highest quarterly free cash flow in company history, including roughly C$10.6 million from unwinding its captive insurance arrangement. The Board directed management to pursue a possible substantial issuer bid of up to C$50 million at no more than C$1.92 per share (a 17.4% premium), while also planning to renew its normal course issuer bid after November 20, 2026. SNDL repurchased approximately 21.8 million shares for about C$43.4 million over the past 12 months.
Key figures
- Sib premium
- 17.4% to Oct 14, 2026 Nasdaq close
- Ontario fine
- C$200K
- Shares outstanding
- 243761544
- Director count vote
- 89.8% in favour
- Sib max purchase price
- C$50 million
- Sib max price per share
- C$1.92 (US$1.35)
- Auditor appointment vote
- 86.2% in favour
- Share consolidation vote
- 54.1% in favour (required two-thirds; failed)
- Twelve month repurchases
- 21.8 million shares for approximately C$43.4 million
- Parallel indirect interest
- increased from approximately 67% to approximately 92%
- Q3 2026 shares repurchased
- 5.4 million
- Captive insurance unwind benefit
- approximately C$10.6 million
- Preliminary q3 2026 free cash flow
- C$20 million (record)
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