RB Global Announces an Increase to its Share Repurchase Program from $500 million to $1 billion
RB Global announced that the Toronto Stock Exchange has approved an amendment to its current normal course issuer bid, increasing the maximum number of common shares that may be repurchased to 14,224,129 shares, representing approximately 10% of the total public float as of March 6, 2026. The increase expands the company's share repurchase program from $500 million to $1 billion.
Why it matters — The expanded buyback signals management's confidence in the company and could support shareholder value through a larger capital return program.