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Aimia provides update on its share buybacks for April
AIMIA INC.
(Incorporated in Canada)
(Corporation number: 1563505-5)
TSX share code: AIM JSE share code: AII
ISIN: CA00900Q1037
LEI: 5299005QK3KSTUZ66Y90
("Aimia" or "the Company")
AIMIA PROVIDES UPDATE ON ITS SHARE BUYBACKS FOR APRIL
Toronto, May 4, 2026 – Aimia Inc. (TSX: AIM; JSE: AII) announced that it repurchased and
settled for cancellation a total of 228,900 of its common shares in the month of April 2026 under
the Company's normal course issuer bid program ("NCIB"). The total represents 0.3% of Aimia's
88,790,285 common shares outstanding as at April 30, 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 April were at a weighted-average price of $2.79 per common share for a total
settlement of $638,344 excluding brokerage fees.
Through April 30, 2026, Aimia has repurchased and cancelled 9,611,032 common shares since it
first announced its share buyback initiative on June 4, 2024 (1).
Number of Aimia Shares Outstanding
Date Shares Outstanding
31 May 2024 99,679,614
30 September 2024 96,312,117
31 December 2024 95,413,317
31 March 2025 94,759,817
30 June 2025 91,731,985
30 September 2025 90,771,685
31 December 2025 89,500,085
30 April 2026 88,790,285
(1) The movement in the number of Aimia's issued and outstanding shares since the start of its NCIB in
June 2024 also reflects the cancellation of 1,302,857 escrow shares and the issuance of 24,560 common
shares related to the Company's acquisition of Mittleman Investment Management, LLC in June 2020.
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 April 30, 2026 Aimia has
purchased and cancelled 3,489,700 shares or 59.1% 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
Aimia Inc. (TSX: AIM; JSE: AII) is a diversified conglomerate focused on enhancing the value of
its holdings. Headquartered in Toronto, Aimia's priorities include increasing its intrinsic value,
reducing holding company costs, reducing the discount of its share price to the intrinsic value of its
businesses, and redeploying capital to make investments in undervalued companies.
For more information about Aimia, visit www.aimia.com
For more information, please contact:
Joe Racanelli
Vice President, Investor Relations
647 970 2200
Joseph.Racanelli@aimia.com
A copy of the SEDAR filing can be found at:
https://www.sedarplus.ca/csa-party/records/profile.html?id=d75b6f6b51e71bfea2f7f57ab7d33084
Aimia has a primary listing on Toronto Stock Exchange and a secondary listing on the Main Board
of the JSE.
4 May 2026
JSE sponsor
Java Capital
Date: 04-05-2026 01:00:00
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