LQWD Announces Share Buyback Program

Executive Summary

• LQWD Technologies Corp. received TSX Venture Exchange approval to commence a normal‑course issuer bid (NCIB) to repurchase up to ~2.61 million common shares (≈10% of public float).
• The NCIB will run from March 9, 2026 through March 9, 2027 (or earlier if the share limit is reached), with purchases executed via Haywood Securities Inc. at prevailing market prices.
• Management views the buy‑back as an attractive use of funds to enhance long‑term shareholder value given potential undervaluation of the stock.

Key Details

• Total common shares issued and outstanding: 31,863,408.
• Maximum shares purchasable under NCIB: 2,605,548, representing roughly 10% of the public float.
• NCIB start date: March 9, 2026; termination date: March 9, 2027 (or earlier upon reaching share limit).
• Purchases will be made through TSX Venture Exchange facilities in accordance with applicable rules and policies.
• Haywood Securities Inc. appointed as the broker to conduct the NCIB on LQWD’s behalf.
• Purchase price: prevailing market price for each share at the time of acquisition; timing and exact number of shares to be determined by the Company.
• The Company reserves the right to terminate the NCIB at any time prior to the scheduled end date.
• Rationale disclosed: belief that market price may not fully reflect underlying business value, making share repurchase an attractive use of cash and a means to enhance shareholder value.

Notable Quotes

(No direct quotes were provided in the release.)