Mr. Joe Racanelli reports
AIMIA PROVIDES UPDATE ON ITS SHARE BUYBACKS
Aimia Inc. has repurchased and settled for cancellation a total of 136,300 of its common shares in the month of January, 2026, under the company's normal course issuer bid program (NCIB). The total represents 0.2 per cent of Aimia's 89,363,785 common shares outstanding as at Jan. 31, 2026.
Aimia's NCIB is a component of the company's strategy for enhancing shareholder value and reducing the discount of its share price relative to the intrinsic value of its net assets.
Shares repurchased in January were at a weighted-average price of $2.92 per common share for a total settlement of $397,789 excluding brokerage fees.
Through Jan. 31, 2026, Aimia has repurchased and cancelled 9,037,532 common shares since it first announced its share buyback initiative on June 4, 2024.
On June 4, 2025, Aimia announced the renewal of its NCIB through June 5, 2026, with approval to purchase for cancellation up to 5,906,629 of its common shares. Through Jan. 31, 2026, Aimia has purchased and cancelled 2,916,200 shares or 49.4 per cent of allowable shares in its current NCIB program.
Aimia believes that the market price of its common shares may, from time to time, not reflect the intrinsic value of the company, and that repurchases of common shares pursuant to the NCIB may represent an appropriate and desirable use of the company's funds. Therefore, Aimia believes that it is in its best interest to proceed with this NCIB, while maintaining sufficient financial flexibility to execute on the company's future strategic direction and capital allocation priorities.
About Aimia
Inc.
Aimia is a diversified conglomerate focused on enhancing the value of its two core global businesses, Bozzetto, a sustainable specialty chemicals company, and Cortland International, a ropes and netting solutions company. Headquartered in Toronto, Aimia's priorities include reducing its holding company costs, reducing the discount of its share price to the intrinsic value of its businesses and efficiently utilizing its loss carry-forwards to create shareholder value.
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