Dream Unlimited renews share buyback program
Dream Unlimited has renewed its normal course issuer bid for another year starting September 23, 2025, allowing the buyback of up to 2.32 million shares, representing 10% of its public float.
The share repurchase program is set to end on September 22, 2026, unless the maximum number of shares is acquired earlier.
To date, Dream Unlimited has repurchased 264,899 shares at an average cost of $18.75 each, totaling around $5 million in investment.
Recommendation Rating: Positive Outlook for Share Repurchase Initiative
Dream Unlimited (TSX: DRM:CA) has successfully renewed its normal course issuer bid for an additional year, with the program set to commence on September 23, 2025. Under this initiative, the company is authorized to buy back up to 2.32 million Class A subordinate voting shares, which constitutes 10% of its public float. This share repurchase plan will conclude on September 22, 2026, unless the maximum number of shares is acquired prior to that date.
In line with its current purchasing strategy, Dream Unlimited has already repurchased 264,899 shares at an average cost of $18.75 each, amounting to a total investment of approximately $5 million. The information was disclosed in a recent press release.