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StocksMedium•24 April 2026•

1 min read

Altus Group Completes C$200 Million Share Buyback to Enhance Shareholder Value

Key Facts

1Altus Group completed the purchase of 3,846,153 common shares at a price of C$52.00 per share.

2The aggregate purchase price for the shares repurchased for cancellation did not exceed C$200 million.

Altus Group Limited has finalized its substantial issuer bid (SIB), successfully repurchasing 3,846,153 of its common shares. The transaction was executed at a fixed price of C$52.00 per share, reaching the maximum aggregate purchase price of C$200 million. These shares were repurchased for cancellation as part of the company's broader capital allocation strategy. This move is expected to be accretive to earnings per share (EPS) and signals management's confidence in the firm's underlying valuation. By reducing the total share count, Altus Group aims to return significant value to its shareholders. The company remains a prominent provider of asset intelligence and software solutions for the global commercial real estate industry.