Stantec

Stantec increases share repurchase authorization to 5.7M shares through March 2027.

Stantec amended its Normal Course Issuer Bid to expand repurchase capacity from 2.3 million to 5.7 million common shares (2% to 5% of outstanding), effective August 20, 2026. As of mid-August, the company had already repurchased 1.67 million shares at a weighted average of $103.43, representing 1.46% of shares outstanding. This capital deployment reflects management's view that the current market price undervalues the business and its future prospects, consistent with a balanced strategy of maintaining balance sheet strength while reinvesting in organic and acquisitive growth and increasing dividends.

Global leader in sustainable design and engineering, delivering expertise in infrastructure management, energy transition, and environmental consulting.

Primary products

• Sustainable engineering
• Architecture
• Environmental consulting
• Project management
• Strategic advisory