14:47:49 EST Fri 30 Jan 2026
Enter Symbol
or Name
USA
CA



Haivision Systems Inc
Symbol HAI
Shares Issued 27,192,580
Close 2026-01-29 C$ 8.73
Market Cap C$ 237,391,223
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Haivision renews NCIB to buy back up to 10% of float

2026-01-30 12:28 ET - News Release

Mr. Dan Rabinowitz reports

HAIVISION ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID

Haivision Systems Inc. has received approval from the Toronto Stock Exchange (TSX) respecting the renewal of its normal course issuer bid (NCIB).

Management believes that, from time to time, the market price of the common shares of the company may not fully reflect the underlying value of the shares and that at such time the purchase of shares under the NCIB would be in the best interest of Haivision and its shareholders.

Under the renewed NCIB, the company may purchase for cancellation up to 1,833,212 shares, representing 10 per cent of Haivision's public float as of Jan. 26, 2026, calculated in accordance with TSX rules. As at Jan. 26, 2026, Haivision had 27,464,406 shares issued and outstanding. The shares will be purchased on behalf of the company by a registered broker through the facilities of the TSX and/or eligible alternative Canadian trading systems at the market price at the time of purchase. Purchases may commence on Feb. 4, 2026, and will conclude on the earlier of the date on which the company has purchased the maximum number of shares permitted under the NCIB and Feb. 3, 2027. The average daily trading volume of the shares over the most recently completed six calendar months was 11,453 shares. Accordingly, for purposes of the TSX rules, the company is entitled to purchase, on any trading date, up to 2,863 shares and to make block purchases of its shares which exceed such daily limits no more frequently than once per calendar week. All shares purchased under the NCIB will be cancelled.

In connection with the NCIB, the company has entered into an automatic share purchase plan (the ASPP) with its designated broker to allow for the purchase of shares under the NCIB when Haivision normally would not be active in the market due to internal trading blackout periods. Such purchases will be determined by the broker at its sole discretion, based on the purchasing parameters set out by the company in accordance with the rules of the TSX. The ASPP will terminate on the earliest of the date on which: (i) the NCIB expires; (ii) the maximum number of shares have been purchased under the NCIB; (iii) the ASPP automatically terminates in accordance with its terms; and (iv) the company terminates the ASPP in accordance with its terms. The ASPP constitutes an automatic purchase plan for purposes of applicable Canadian securities legislation and has been pre-cleared by the TSX.

The renewal of the NCIB follows on the conclusion of Haivision's NCIB that expired on Jan. 28, 2026, under which Haivision was authorized to purchase up to 1,924,404 shares for cancellation. From Jan. 29, 2025, to Jan. 26, 2026, Haivision purchased 976,732 shares through the facilities of the TSX at a weighted average price of $4.45 per share.

There can be no assurance as to how many shares, if any, will be acquired by Haivision pursuant to the renewed NCIB.

About Haivision Systems Inc.

Haivision is a leading global provider of mission-critical, real-time video streaming and visual collaboration solutions. The company's connected cloud and intelligent edge technologies enable organizations globally to engage audiences, enhance collaboration and support decision making. The company provides high-quality, low latency, secure and reliable live video at a global scale. Haivision open sourced its award-winning SRT low latency video streaming protocol and founded the SRT Alliance to support its adoption. Awarded four Emmys for technology and engineering from the National Academy of Television Arts and Sciences, Haivision continues to fuel the future of IP video transformation. Founded in 2004, Haivision is headquartered in Montreal and Chicago with offices, sales and support located throughout the Americas, Europe and Asia.

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