Dividends & Buybacks ·
Vision Marine Technologies Inc. completed the sale of its Fort Lauderdale property at 1440 S. Federal Highway on July…
VMARVision Marine Technologies Inc.
Vision Marine Technologies Inc. completed the sale of its Fort Lauderdale property at 1440 S. Federal Highway on July 31, 2026, as part of a Florida real estate optimization plan to simplify its operating footprint and focus resources on E-Motion commercialization. Concurrently, the TSX Venture Exchange accepted the company's notice for a normal course issuer bid (NCIB) authorizing the repurchase of up to 326,523 common shares, representing approximately 5% of outstanding shares as of August 4, 2026. The NCIB program allows purchases at prevailing market prices from August 7, 2026, through August 6, 2027, or earlier completion, with acquired shares intended for cancellation to enhance capital allocation flexibility and shareholder value. Vision Marine Technologies Inc. operates in the marine technology industry, developing proprietary electric propulsion systems and managing a network of boat retail, service, and marina operations.