STN News & Events

Stantec has received approval from the TSX for the renewal of its Normal Course Issuer Bid, or NCIB. Stantec may purchase up to 2,281,339 common shares, representing approximately 2% of its 114,066,995 issued and outstanding Common Shares as of March 2. The purchases may commence on March 12, 2026 and will terminate no later than March 11, 2027. The number of Common Shares to be purchased per day will not exceed 96,076 or approximately 25% of the average daily trading volume. All Common Shares purchased by Stantec will be cancelled. In Stantec's previous NCIB that expired December 12, 2025, no shares were repurchased. In connection with the NCIB, Stantec has renewed its automatic share purchase plan to allow for the purchase of its Common Shares under the NCIB when Stantec normally would not be active in the market.

Stantec will deliver the first phase of the Government of Canada's Arctic Over-the-Horizon Radar project, providing long-range, early-warning radar coverage of the country's northern regions. Defence Construction Canada selected Stantec and its consortium partners to execute the project under a collaborative integrated project delivery model, where Aecon and Pomerleau will provide construction services as a joint venture, and Stantec will undertake multidisciplinary project management and design services. "We are honored to help advance NORAD's modernization, drawing on our deep experience in delivering resilient, climate-ready solutions across Canada," said Gord Johnston, president and chief executive officer of Stantec. "Our long-standing partnership with Canada's Department of National Defence reflects the trust built through decades of collaboration-and reinforces a shared commitment to strengthening the country's critical infrastructure for generations to come."