BRP Gets TSX Approval to Buyback Up to 10% of Public Float

Dow Jones12-04

By Adriano Marchese

BRP intends to renew its repurchase of up to 10% of its issued and outstanding common shares over the course of a one-year period.

The Canadian manufacturer of powersports vehicles said Thursday that the Toronto Stock Exchange has accepted its plans to renew the company's normal course issuer bid to buy back up to 3.1 million subordinate voting shares.

Shares have been performing well in the year, rising nearly 35% to close on Wednesday at 98.65 Canadian dollars ($70.71). The stock is up 45% over the past 52 weeks.

At Wednesday's closing price, the value of the shares intended for buyback would be worth about C$308.9 million.

BRP can begin buying back shares starting on Dec. 10.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

December 04, 2025 07:18 ET (12:18 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2588881380?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-04 20:18","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2588881380","market":"hk","top_or_hot":-1,"title":"BRP Gets TSX Approval to Buyback Up to 10% of Public Float","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Adriano Marchese \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  BRP intends to renew its repurchase of up to 10% of its issued and outstanding common shares over the course of a one-year period. \n</p>\n<p>\n  The Canadian manufacturer of powersports vehicles said Thursday that the Toronto Stock Exchange has accepted its plans to renew the company's normal course issuer bid to buy back up to 3.1 million subordinate voting shares. \n</p>\n<p>\n  Shares have been performing well in the year, rising nearly 35% to close on Wednesday at 98.65 Canadian dollars ($70.71). The stock is up 45% over the past 52 weeks. \n</p>\n<p>\n  At Wednesday's closing price, the value of the shares intended for buyback would be worth about C$308.9 million. \n</p>\n<p>\n  BRP can begin buying back shares starting on Dec. 10. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 04, 2025 07:18 ET (12:18 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BRP Gets TSX Approval to Buyback Up to 10% of Public Float</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBRP Gets TSX Approval to Buyback Up to 10% of Public Float\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-12-04 20:18</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Adriano Marchese \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  BRP intends to renew its repurchase of up to 10% of its issued and outstanding common shares over the course of a one-year period. \n</p>\n<p>\n  The Canadian manufacturer of powersports vehicles said Thursday that the Toronto Stock Exchange has accepted its plans to renew the company's normal course issuer bid to buy back up to 3.1 million subordinate voting shares. \n</p>\n<p>\n  Shares have been performing well in the year, rising nearly 35% to close on Wednesday at 98.65 Canadian dollars ($70.71). The stock is up 45% over the past 52 weeks. \n</p>\n<p>\n  At Wednesday's closing price, the value of the shares intended for buyback would be worth about C$308.9 million. \n</p>\n<p>\n  BRP can begin buying back shares starting on Dec. 10. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 04, 2025 07:18 ET (12:18 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4190","symbol_name":"消闲用品","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2588881380","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2588881380","pubTimestamp":1764850680,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"BRP intends to renew its repurchase of up to 10% of its issued and outstanding common shares over the course of a one-year period.The Canadian manufacturer of powersports vehicles said Thursday that the Toronto Stock Exchange has accepted its plans to renew the company's normal course issuer bid to buy back up to 3.1 million subordinate voting shares.Shares have been performing well in the year, rising nearly 35% to close on Wednesday at 98.65 Canadian dollars . The stock is up 45% over the past 52 weeks.At Wednesday's closing price, the value of the shares intended for buyback would be worth about C$308.9 million.BRP can begin buying back shares starting on Dec. 10.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4190":"消闲用品","DOO":"WisdomTree Trust International D","DOOO":"BRP Inc."},"translate_title":"BRP获得多伦多证券交易所批准回购最多10%的公众持股量","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DOO":0.9,"DOOO":0.9},"content_text":"By Adriano Marchese \n\n\n \n\n\n  BRP intends to renew its repurchase of up to 10% of its issued and outstanding common shares over the course of a one-year period. \n\n\n  The Canadian manufacturer of powersports vehicles said Thursday that the Toronto Stock Exchange has accepted its plans to renew the company's normal course issuer bid to buy back up to 3.1 million subordinate voting shares. \n\n\n  Shares have been performing well in the year, rising nearly 35% to close on Wednesday at 98.65 Canadian dollars ($70.71). The stock is up 45% over the past 52 weeks. \n\n\n  At Wednesday's closing price, the value of the shares intended for buyback would be worth about C$308.9 million. \n\n\n  BRP can begin buying back shares starting on Dec. 10. \n\n\n \n\n\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 04, 2025 07:18 ET (12:18 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2588881380","isCrawlerRequest":true}