ROYAL BANK OF CANADA (RY) Form 6-K — May 28, 2026
Royal Bank of Canada announced a normal course issuer bid to repurchase up to 45 million of its common shares for cancellation. The program is subject to regulatory approval from the TSX and OSFI, with purchases potentially commencing on June 12, 2026, and expiring on June 11, 2027. The proposed repurchases represent approximately 3.24% of the bank’s 1.39 billion outstanding common shares as of May 15, 2026. Shares will be purchased at prevailing market prices through the TSX, NYSE, and other designated exchanges, with timing and amounts at management’s discretion based on market conditions and capital adequacy.
Key figures
- Shares Offered
- 45000000
- Shares Outstanding
- 1389691690
- Cet1 ratio
- 13.5%
- Tier1 ratio
- 15.0%
- Bid end date
- June 11, 2027
- Bid start date
- June 12, 2026
- Total capital ratio
- 16.9%
- Repurchase percentage
- 3.24%
AI analysis
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