Mr. Rick Torriero reports
DECISIVE DIVIDEND CORPORATION ANNOUNCES MARCH 2026 DIVIDEND AND RENEWAL OF NORMAL COURSE ISSUER BID
In accordance with its current monthly dividend policy, the directors of Decisive Dividend Corp. have declared a dividend of 4.5 cents per common share for the month of March, 2026. The dividend is payable on March 13, 2026, to the shareholders of record at the close of business Feb. 27, 2026.
Eligible shareholders have the opportunity to reinvest dividends in accordance with the corporation's dividend reinvestment and cash purchase plan (the DRIP). Additional details are available under the investors section of the corporation's website. This dividend is designated as an eligible dividend under the Income Tax Act (Canada) and any corresponding provincial legislation.
The corporation is also pleased to announce that the TSX Venture Exchange has accepted the renewal of its normal course issuer bid (NCIB). Under the renewed NCIB, Decisive may purchase up to an aggregate of 1,005,601 common shares, representing 5 per cent of the 20,112,036 issued and outstanding common shares on the date hereof (prior to the issuance of any common shares issuable under the DRIP in respect of the dividend payable on Feb. 13, 2026).
Purchases of common shares under the NCIB may be made during the period commencing on Feb. 17, 2026, and ending on Feb. 16, 2027, or an earlier date in the event that the corporation purchases the maximum number of the common shares available under the NCIB. Decisive reserves the right to terminate the NCIB at any time. Common shares may be purchased through the facilities of the TSX Venture Exchange or such other permitted means (including through alternative trading systems in Canada) at prevailing market prices. All common shares acquired directly by the Corporation under the NCIB will be cancelled.
Decisive sought renewal of its NCIB because it believes that, from time to time, the market price of the common shares may not fully reflect the value of the common shares. Decisive believes that, in such circumstances, the purchase of common shares represents an attractive use of its cash resources, from which Decisive intends to fund purchases under the NCIB. Decisive will continue to utilize BMO Nesbitt Burns Inc. as the broker through which the NCIB will be conducted. Under its previous NCIB, that commenced on Feb. 17, 2025, and expired on Feb. 13, 2026, Decisive purchased and cancelled 10,800 common shares at a weighted average price of $6.36 per common share.
About Decisive Dividend Corp.
Decisive Dividend is an acquisition-oriented company, focused on opportunities in manufacturing. The corporation's purpose is to be the sought-out choice for exiting legacy-minded business owners, while supporting the long-term success of the businesses acquired, and through that, creating sustainable and growing shareholder returns. The corporation uses a disciplined acquisition strategy to identify already profitable, well-established, high-quality manufacturing companies that have a sustainable competitive advantage, a focus on non-discretionary products, steady cash flows, growth potential and established, strong leadership.
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