Dividends & Buybacks ·
Methex approves NCIB to buy back up to 3.87M shares, representing 5% of outstanding stock
MEOHMethanex Corp
The Board of Directors approved a Normal Course Issuer Bid (NCIB) authorizing the repurchase and cancellation of up to 3,868,213 common shares, which constitutes approximately 5% of the 77,364,263 shares issued and outstanding as of October 29, 2026. Purchases may commence on November 4, 2026, and continue until no later than November 3, 2027. The company intends to buy back shares at the then-current market price through NASDAQ and alternative trading systems, with daily volume capped at 25% of the four-week average. Methanex is the world's largest supplier of methanol.