6-K
Foreign issuer report
✓ VerifiedMDA Space received TSX approval for a normal course issuer bid to repurchase up to 8,106,539 common shares, about 5% of its outstanding shares, over a 12-month period.
Filed Sep 21, 2026 · 03:43 ET
Summary
- MDA Space filed a notice of intention to make a normal course issuer bid with the Toronto Stock Exchange, which the TSX accepted.
- The NCIB entitles MDA Space to purchase for cancellation up to 8,106,539 common shares, representing approximately 5% of the 162,130,797 issued and outstanding Shares as of September 11, 2026.
- The NCIB is set to commence on September 23, 2026 and terminate on September 22, 2027, or earlier if purchases are completed.
- The maximum daily purchase is 313,258 Shares, equal to 25% of the average daily trading volume of 1,253,034 Shares on the TSX for the six-month period ended August 31, 2026.
- MDA Space entered into an automatic share purchase plan with its broker to facilitate repurchases of its Shares.
- Shares purchased under the NCIB will be cancelled.
Key facts
- Maximum shares repurchased
- 8,106,539 common shares
From the filing for Maximum shares repurchased
“MDA Space is entitled to purchase for cancellation up to 8,106,539 common shares”
- Percentage of outstanding
- approximately 5%
From the filing for Percentage of outstanding
“representing approximately 5% of the issued and outstanding Shares as of September 11, 2026, being 162,130,797”
- Shares outstanding
- 162,130,797
From the filing for Shares outstanding
“as of September 11, 2026, being 162,130,797”
- Commencement date
- September 23, 2026
From the filing for Commencement date
“The NCIB is expected to commence on September 23, 2026 and terminate on September 22, 2027”
- Termination date
- September 22, 2027
From the filing for Termination date
“terminate on September 22, 2027, or such earlier date on which purchases under the NCIB have been completed”
- Maximum daily purchase
- 313,258 Shares
From the filing for Maximum daily purchase
“the TSX's block purchase exception, will be 313,258 Shares”
- Average daily trading volume
- 1,253,034 Shares
From the filing for Average daily trading volume
“which is equal to 25% of the average daily trading volume of 1,253,034 Shares on the TSX for the six-month period ended August 31, 2026”
Why it mattersThe NCIB authorizes MDA Space to buy back and cancel up to about 5% of its shares over 12 months. Repurchases will be made at market prices through the TSX and alternative trading systems.
- Filed
- Sep 21, 2026
- Accepted
- 2026-09-21 07:43Z
- Period
- Sep 21, 2026
- Accession no.
- 0001104659-26-109104
- Size
- 26 KB
- Index
- Filing index