D-BOX Technologies Initiates Normal Course Issuer Bid

MONTREAL, March 23, 2026 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (“D-BOX” or the “Corporation”) (TSX:DBO) today announced that the Toronto Stock Exchange (the “TSX”) has accepted the Corporation's Notice of Intention to make a normal course issuer bid (the “NCIB”).

D-BOX Technologies, a leader in immersive entertainment solutions, has announced its intention to initiate a normal course issuer bid (NCIB) for its common shares. This strategic move allows the company to repurchase its shares on the open market, which is expected to enhance shareholder value by potentially reducing the number of shares outstanding.

The NCIB program is designed to provide flexibility in managing capital, as D-BOX aims to capitalize on its financial position and market conditions. The decision reflects the company's commitment to its shareholders and its confidence in its long-term growth strategy.

The board of directors has authorized the repurchase of up to 10% of the company’s public float, which signifies their proactive approach in maximizing shareholder returns while maintaining a firm financial foundation. The repurchasing could also have the benefit of improving earnings per share (EPS) by reducing share dilution.

D-BOX's shares will be repurchased in compliance with regulatory norms, ensuring that all transactions are executed transparently and ethically. This strategic initiative illustrates the company’s disciplined approach to capital allocation and its focus on shareholder initiatives moving forward.

In addition to the repossession of shares, D-BOX is pursuing growth opportunities and innovation within the immersive entertainment sector, reinforcing its position as a market leader. The company's vision emphasizes enhancing the overall customer experience through cutting-edge technologies, which aligns with its current objectives and future plans.

Overall, the normal course issuer bid by D-BOX Technologies highlights the company’s strategic focus on returning value to shareholders while continuing to invest in its core business. Investors and stakeholders can look forward to potential improvements in shareholder value as the company executes this program alongside its growth strategies.