00:51:25 EDT Wed 18 Mar 2026
Enter Symbol
or Name
USA
CA



TECSYS Inc
Symbol TCS
Shares Issued 14,639,829
Close 2026-03-17 C$ 27.23
Market Cap C$ 398,642,544
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Tecsys amends share buyback

2026-03-17 20:03 ET - News Release

Ms. Belinda Thomas reports

TECSYS ANNOUNCES AMENDMENT TO INCREASE SHARE REPURCHASES UNDER EXISTING NORMAL COURSE ISSUER BID

The Toronto Stock Exchange has approved an amendment to Tecsys Inc.'s current normal course issuer bid (NCIB) to increase the maximum number of common shares that may be purchased for cancellation from 500,000 shares to 900,000 shares for the remainder of the current NCIB term ending Sept. 19, 2026. The increased authorization reflects the company's intention to make additional repurchases as part of its disciplined capital allocation strategy. Through March 13, 2026, the company has repurchased approximately 216,100 shares under the NCIB.

Based on total public float of 13,537,674 shares as at Sept. 9, 2025, the amended limit of 900,000 shares represents approximately 6.65 per cent of the company's public float.

Tecsys believes that, from time to time, the market price of the shares may not fully reflect the company's value and prospects, and that repurchases under the NCIB continue to represent an appropriate and desirable use of funds, increasing the proportional ownership of shareholders who retain their shares. All shares purchased under the NCIB will be cancelled. Share repurchases made pursuant to the company's NCIB will be predicated upon maintaining a strong balance sheet, performance of the business, and the availability and attractiveness of alternative capital investment opportunities. The actual number of shares purchased under the NCIB, the timing of the purchases and the price at which the shares are acquired will depend upon a variety of factors, including future market conditions.

Repurchases will be made at the prevailing market price at the time of acquisition, through the facilities of the TSX and/or other designated exchanges and alternative Canadian trading systems, or as otherwise permitted under applicable securities law. Daily purchases will continue to be subject to TSX limits (generally up to 25 per cent of the average daily trading volume), subject to the block purchase exception.

Tecsys maintains an automatic securities purchase plan with its designated broker that allows repurchases under preset parameters during periods when the company would ordinarily be in blackout or otherwise not active in the market. Outside such periods, purchases may be made at the company's discretion, in compliance with TSX rules and applicable law. The company is amending the automatic securities purchase plan to increase to 900,000 the maximum numbers of shares that may be repurchased.

The NCIB remains in effect for the 12-month period that commenced Sept. 20, 2025, and ends Sept. 19, 2026.

About Tecsys Inc.

Tecsys is trusted by mission-critical organizations in health care and distribution to power resilient, efficient and secure supply chains. A global provider of cloud-based, AI-driven (artificial intelligence) software with deep domain expertise, Tecsys delivers real-time operational visibility and execution across critical workflows when performance and reliability matter most. Tecsys is publicly traded on the Toronto Stock Exchange (symbol TCS).

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