Dividends & Buybacks ·
SNDL plans C$50M share buyback at up to C$1.92/share after record Q3 free cash flow of C$20 million
SNDLSNDL Inc.
SNDL announced preliminary third quarter 2026 results, reporting a record quarterly free cash flow of approximately C$20 million. The Board has directed management to pursue a substantial issuer bid for up to C$50 million in shares at a price not exceeding C$1.92 per share, representing a 17.4% premium to the October 14 closing price. Shareholders rejected a proposed share consolidation by a narrow margin. The company also increased its indirect interest in U.S. cannabis operator Parallel to approximately 92% and reached an agreement with Ontario regulators to resolve outstanding matters for a C$200,000 fine. SNDL operates as a vertically integrated cannabis company and the largest private-sector liquor and cannabis retailer in Canada.