Reko International Group Inc. to Buy Back up to 274,250 of Its Common Shares

Executive Summary

• Reko International Group Inc. announced approval to conduct a normal course issuer bid (NCIB) for up to 274,250 common shares (~5% of outstanding shares).
• The NCIB may be executed between January 9 2026 and January 8 2027, with purchase price equal to the market price at the time of each acquisition; all purchased shares will be cancelled.
• Reko believes its shares are undervalued and views the repurchase as an attractive use of available funds.

Key Details

• Authorized Quantity: Up to 274,250 common shares (approximately 5% of total outstanding).
• Time Window: 12‑month period commencing January 9 2026 and ending January 8 2027.
• Outstanding Shares: 5,485,013 common shares as of the press release date.
• Purchase Price: Market price at the time each share is acquired; no fixed price disclosed.
• Cancellation: All shares purchased under the NCIB will be cancelled, reducing total share count.
• Agent: Matthew Larose of National Bank Financial appointed as the Member acting on behalf of Reko.
• Rationale: Management believes current trading range does not reflect intrinsic value and sees repurchase as a desirable allocation of funds.
• Regulatory Compliance: Purchases will be made in accordance with TSX Venture Exchange rules and applicable regulatory requirements.

Notable Quotes

(No direct quotes were provided in the release.)