DIRTT Environmental Solutions Ltd. Announces New Debt Repayment Plan with Normal Course Issuer Bid for Debentures

Reuters
2025.08.26 12:04
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DIRTT Environmental Solutions Ltd. has announced the renewal of its normal course issuer bid (NCIB) for its convertible unsecured subordinated debentures, accepted by the Toronto Stock Exchange. The NCIB will commence on August 28, 2025, allowing DIRTT to acquire up to 10% of the total public float of its 6.00% and 6.25% debentures. This strategy aims to provide DIRTT with flexibility in managing its capital in response to market conditions.

DIRTT Environmental Solutions Ltd., a leader in industrialized construction, has announced the renewal of its normal course issuer bid (NCIB) for its convertible unsecured subordinated debentures. The Toronto Stock Exchange has accepted DIRTT’s notice to renew the NCIB for its 6.00% debentures due January 31, 2026, and 6.25% debentures due December 31, 2026. The renewed NCIB will commence on August 28, 2025, allowing DIRTT to acquire up to 10% of the total public float of each series of debentures. Purchases will be made on the open market at market prices and any acquired debentures will be immediately cancelled. This move provides DIRTT with the flexibility to manage its capital effectively in response to market conditions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DIRTT Environmental Solutions Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950170-25-111316), on August 26, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here