BRP Inc. Receives TSX Approval for NCIB to Buy Back 3.13 Million Shares
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 04 2025
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Source: PRnewswire
- Buyback Plan Update: BRP has received approval from the Toronto Stock Exchange to repurchase up to 3,131,256 subordinate voting shares from December 10, 2025, to December 9, 2026, representing approximately 10% of its public float, aimed at enhancing shareholder value.
- Market Operation Details: The buyback will be conducted through the TSX and other eligible trading systems, allowing a maximum daily purchase of 44,267 shares, ensuring flexibility to respond to market fluctuations while adhering to regulatory guidelines.
- Automated Purchase Plan: BRP has entered into an automatic share purchase plan with a designated broker, allowing for share repurchases during self-imposed blackout periods, ensuring effective execution of the buyback strategy even under regulatory constraints.
- Historical Buyback Performance: As of December 2, 2025, BRP did not repurchase any shares under the previous NCIB, reflecting a cautious approach in unfavorable market conditions, while the upcoming buyback plan is expected to bolster market confidence.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
