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A2Z Cust2Mate Extends Share Buyback Program Through Year-End

With $13.8 million still earmarked for market activity, A2Z Cust2Mate Solutions Corp. has extended its share repurchase program for an additional six months. The Toronto-based retail technology firm will continue buying back its common stock until December 31, 2026, citing a disconnect between market price and internal valuation.

Bio & NewsJuly 6, 20261,258 reads0

Since the inception of the current initiative, the company has acquired 987,461 shares at a total cost of approximately $6.18 million. Management maintains that the current stock price fails to capture the firm's true underlying value, prompting the board to authorize the extension as a strategic deployment of cash reserves. All shares purchased under this mandate are slated to be returned to the treasury and cancelled.

Oppenheimer & Co., Inc. remains the designated broker for the program, which may involve open market transactions conducted under SEC Rule 10b-18 and Rule 10b5-1 guidelines. Execution remains subject to prevailing market conditions and available liquidity, with the company drawing directly from existing cash and cash equivalents to fund the remainder of the $20 million authorization.

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