02:21:06 EST Wed 25 Feb 2026
Enter Symbol
or Name
USA
CA



Solution Financial Inc
Symbol SFI
Shares Issued 84,506,273
Close 2026-02-24 C$ 0.275
Market Cap C$ 23,239,225
Recent Sedar+ Documents

Solution Financial to buy back shares

2026-02-24 17:11 ET - News Release

Mr. Bryan Pang reports

SOLUTION FINANCIAL INC. ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID UNDER THE FACILITIES OF THE TSX

Solution Financial Inc. has received approval from the Toronto Stock Exchange for the renewal of its normal course issuer bid (NCIB). Under the renewed NCIB, a total of up to 4,225,313 common shares in the capital of the company, representing 5 per cent of the issued and outstanding shares of the company, may be purchased through the facilities of the TSX and may also be made through alternative Canadian trading systems. Any such purchases will be at market prices. As of Feb. 17, 2026, Solution had 84,506,273 shares issued and outstanding.

The term of the renewed NCIB will commence on Feb. 27, 2026, and continue until Feb. 26, 2027, when the renewed NCIB expires, or such earlier date as the company completes its purchases pursuant to the renewed NCIB and notice of intention filed with the TSX. The purpose of the renewed NCIB is to enable the company to purchase shares when it believes them to be undervalued in the market and such purchase is an appropriate use of the company's available funds and in its best interest to do so.

The company will continue to engage Ventum Financial Corp. to act as the broker through which the renewed NCIB will be conducted including entering into an automatic share purchase plan with Ventum. All purchases of shares under the renewed NCIB may be made on the TSX, at the market price at the time of purchase in accordance with the rules and policies of the TSX. The rules and policies of the TSX contain restrictions on the number of shares that can be purchased under the renewed NCIB based on the average daily trading volumes on the TSX. As a result of such restrictions, the maximum number of shares which can be purchased per day during the renewed NCIB on the TSX is 2,116 which is 25 per cent of the average daily trading volume on the TSX for the prior six months (being 8,465 shares on the TSX for the period from Aug. 1, 2025, to Jan. 31, 2026).

Solution's most recent normal course issuer bid commenced on Feb. 27, 2025, for the purchase of up to 4,309,413 shares, and is set to expire on Feb. 26, 2026. Solution repurchased 1,156,500 shares for cancellation under the 2025 NCIB at a volume weighted average repurchase price of approximately 27 cents per share. All repurchases were made through the facilities of the TSX.

About Solution Financial Inc.

Solution Financial commenced operations in 2004 and specializes in sourcing and leasing luxury and exotic vehicles, yachts, and other high-value assets. Solution works with a select group of luxury automotive and marine dealerships providing lending solutions to clients who prefer more flexible leasing options than those traditionally offered by banks and other lease providers.

We seek Safe Harbor.

© 2026 Canjex Publishing Ltd. All rights reserved.