Saputo Inc. Announces Renewal of Normal Course Issuer Bid

MONTRÉAL, Nov. 14, 2025 (GLOBE NEWSWIRE) -- Saputo Inc. (TSX: SAP) (Saputo or the Company), announced today that it has received approval from the Toronto Stock Exchange (TSX) to renew its normal course issuer bid (NCIB) to purchase up to 5% of Saputo’s issued and outstanding common shares. This NCIB reflects the Company’s continued commitment to returning capital to shareholders, while maintaining the flexibility to allocate capital for growth opportunities.

Saputo Inc., a leading global dairy company, has announced its plan to renew its Normal Course Issuer Bid (NCIB), allowing the company to purchase up to a specified number of its common shares. This renewal is aimed at enhancing shareholder value and optimizing its capital structure.

The NCIB is a program that permits a company to repurchase its shares in the open market over a defined period. By repurchasing shares, Saputo intends to reduce its outstanding shares, potentially increasing earnings per share and the overall value of remaining shares. This strategic move is indicative of confidence in the company’s future performance and reflects its commitment to returning capital to shareholders.

The company has outlined the terms of the renewed bid, including the maximum number of shares it plans to purchase, the time frame of the bid, and other relevant details. The renewal of the NCIB points to Saputo’s proactive approach in managing its capital resources and its belief in the intrinsic value of its stock.

Saputo’s management has expressed optimism regarding the company’s long-term growth strategy, which includes expanding its product offerings and entering new markets. This strategy not only seeks to bolster the company's market presence but also aims to create sustainable value for its shareholders.

Investors and market analysts view the announcement positively, interpreting it as an indication that Saputo may have favorable cash flow and financial health, enabling it to invest in both share repurchase programs and potential growth opportunities. As the company moves forward with these plans, stakeholders will be keenly looking at the impact of this NCIB on the stock performance and overall market perception of Saputo Inc.