Couche-Tard Renews Share Repurchase Program
Alimentation Couche-Tard has received approval from the Toronto Stock Exchange to repurchase up to 74.2 million shares, representing 10% of the company's public float.
Laval, QC – Alimentation Couche-Tard announced it has received Toronto Stock Exchange approval to renew its share repurchase program for the 2026-2027 period. The company is authorized to buy back up to 74,194,410 of its common shares, which constitutes 10% of its public float.
Company officials stated the repurchase program is an appropriate use of funds under its disciplined capital allocation strategy and is intended to create long-term shareholder value. The buybacks will reduce the number of outstanding shares, thereby proportionally increasing the holdings of remaining shareholders.
The program allows Couche-Tard to purchase shares on the open market through the TSX and Canadian alternative trading systems over the next twelve months, starting July 23, 2026, and ending no later than July 22, 2027. Shares will be purchased at prevailing market prices, with exceptions for specific trades allowed under regulatory exemptions.
During its previous program, which ended in July 2026, Couche-Tard repurchased 30.3 million shares for approximately $1.59 billion. The convenience store giant operates a network of nearly 17,300 stores across 27 countries and territories.