True North Commercial REIT Renews Share-Buyback Program

Dow Jones04-21 19:48

By Robb M. Stewart

True North Commercial Real Estate Investment Trust has approval from the Toronto Stock Exchange to renew a buyback program for up to roughly 10% of its public float of shares.

True North's normal course issuer bid allows for the purchase for cancellation of as many as 1.24 million trust units through April 22, 2027.

Purchases will be made on the open market through the facilities of the TSX or alternative trading systems in Canada.

The real estate investment trust didn't buy any units under the normal course issuer bid that is set to expire Wednesday.

True North last closed at C$8.35, down 5.8% so far this year and 7.5% lower over the last 12 months.

Write to Robb M. Stewart at robb.stewart@wsj.com

(END) Dow Jones Newswires

April 21, 2026 07:48 ET (11:48 GMT)

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Stewart \n\n\n \n\n\nTrue North Commercial Real Estate Investment Trust has approval from the Toronto Stock Exchange to renew a buyback program for up to roughly 10% of its public float of shares. \n\n\n  True North's normal course issuer bid allows for the purchase for cancellation of as many as 1.24 million trust units through April 22, 2027. \n\n\n  Purchases will be made on the open market through the facilities of the TSX or alternative trading systems in Canada. \n\n\n  The real estate investment trust didn't buy any units under the normal course issuer bid that is set to expire Wednesday. \n\n\n  True North last closed at C$8.35, down 5.8% so far this year and 7.5% lower over the last 12 months. \n\n\n \n\n\n  Write to Robb M. Stewart at robb.stewart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 21, 2026 07:48 ET (11:48 GMT)\n\n\n  Copyright (c) 2026 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,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"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,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","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/2629368020","isCrawlerRequest":true}