Imperial Oil renews NCIB to repurchase up to 24,179,635 shares over 12 months
Complete. Here is the key summaryImperial Oil has received TSX acceptance for a new 12-month Normal Course Issuer Bid (NCIB) to repurchase up to 24,179,635 shares, representing approximately 5% of its outstanding shares. The program runs from June 29, 2026, to June 28, 2027. ExxonMobil may sell shares into this bid to maintain its ownership stake near 69.6%, which could reduce the maximum number of shares available for public repurchase.
- Imperial Oil received TSX acceptance for a new 12-month normal course issuer bid to repurchase up to 24,179,635 shares, or 5%. * Program starts June 29, 2026, ends June 28, 2027, or earlier if the maximum is reached. * ExxonMobil can sell shares into the bid to keep its ownership near 69.6%, reducing the public-share repurchase maximum. * Prior NCIB completed Dec. 17, 2025, with 25,452,248 shares repurchased for about $3.18 billion at $124.93 per share. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Imperial Oil Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260623368239) on June 23, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)