13:45:30 EDT Wed 30 Sep 2026
Enter Symbol
or Name
USA
CA



Unisync Corp
Symbol UNI
Shares Issued 19,012,229
Close 2026-09-29 C$ 2.65
Market Cap C$ 50,382,407
Recent Sedar+ Documents

Unisync arranges share buyback

2026-09-30 11:44 ET - News Release

Mr. Manish Arora reports

UNISYNC ANNOUNCES NORMAL COURSE ISSUER BID AND AUTOMATIC SECURITIES PURCHASE PLAN

The Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid.

The notice provides that Unisync may, during the 12-month period commencing Oct. 2, 2026, and ending Oct. 1, 2027, purchase up to one million common shares, representing approximately 5.3 per cent of the issued and outstanding shares and 7.1 per cent of the public float (as defined in the TSX company manual) as of the date hereof. Daily purchases of shares under the bid will be limited to 1,376 shares (which is equal to 25 per cent of the average daily trading volume of the shares for the most recently completed six calendar months, such average daily trading volume being 5,506 shares), subject to certain exceptions. As at the date hereof, there are 19,012,229 issued and outstanding shares and 14,176,435 shares estimated in the public float.

Unisync believes that its shares are currently trading, or due to market volatility, may trade, in a price range that does not adequately reflect their underlying value based on Unisync's assets, business prospects and financial position. Accordingly, the purchase of shares will increase the proportionate interest of, and be advantageous to, all remaining shareholders.

Purchases subject to the bid will be carried out pursuant to open-market transactions through the facilities of the TSX or other designated exchanges and/or alternative Canadian trading systems by Haywood Securities Inc. on behalf of Unisync in accordance with applicable regulatory requirements. All shares purchased by Unisync under the bid will be returned to treasury and cancelled. Unisync had not previously established a normal course issuer bid.

To the knowledge of the company, no director, senior officer or other insider of the company currently intends to sell any common shares under this bid. However, sales by such persons through the facilities of the TSX or elsewhere may occur if the personal or corporate circumstances of any such person change or any such person makes a decision unrelated to the bid. The company has reserved the right to stop the bid in the event market conditions justify it.

Unisync also announces that in connection with the bid, it has entered into an automatic securities purchase plan (ASPP) with a designated broker. The ASPP is intended to allow for the purchase of shares under the bid when the company would ordinarily not be permitted to purchase shares due to regulatory restrictions and customary self-imposed blackout periods.

Pursuant to the ASPP, the company may provide instructions to the designated broker to make purchases under the NCIB in accordance with the terms of the ASPP, which may not be varied or suspended during the term of the ASPP. Such purchases will be determined by the designated broker at its sole discretion based on purchasing parameters set by the company in accordance with the rules of the TSX, applicable securities laws and the terms of the ASPP. Shares will be purchased through the facilities of the TSX or other designated exchanges and/or alternative Canadian trading systems. The ASPP has been precleared by the TSX and will be implemented on Oct. 2, 2026, and if not terminated sooner based on the terms of the ASPP, will end on Oct. 1, 2027.

Outside of predetermined blackout periods, shares may be purchased under the bid based on management's discretion, in compliance with TSX rules and applicable securities laws. All purchases made under the ASPP will be included in computing the number of shares purchased under the bid.

We seek Safe Harbor.

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