FSV News & Events

FirstService announced acceptance by the Toronto Stock Exchange of a notice filed by FirstService of its intention to make a normal course issuer bid with respect to its outstanding common shares, it has received approval from the TSX to amend the NCIB, effective on June 4. The Amended NCIB will increase the maximum number of common shares that may be repurchased from 1,600,000, representing 3.9% of the "public float" of common shares as of August 12, 2025, to 4,118,199, representing 10% of the "public float" of common shares as of August 12, 2025, the maximum amount allowable under the rules of the TSX. No other terms of the NCIB have been amended. Under the NCIB, as of May 31, FirstService has repurchased for cancellation an aggregate of 931,182 common shares at an average price of $132.38 per share. The amended NCIB, which began on August 26, 2025, and will end no later than August 25, is being conducted on the open market through the facilities of the TSX, alternative Canadian Trading Systems and/or Nasdaq.

Reports Q1 revenue $1.32B, consensus $1.3B. "We are pleased with our results to start the year, which were largely in-line with internal expectations across all of our brands," said Scott Patterson, CEO of FirstService. "Our businesses remain focused on driving market share gains and building growth momentum for the balance of 2026," he concluded.