AIMIA PROVIDES UPDATE ON ITS SHARE BUYBACKS

Aimia Inc. (TSX: AIM) has provided an update on its ongoing share buyback program, highlighting its commitment to enhancing shareholder value. In January 2026, the company repurchased and canceled 136,300 of its common shares, equivalent to around 0.2% of its total outstanding shares, which stood at 89,363,785 as of January 31, 2026. The shares were repurchased at a weighted average price of $2.92 each, leading to a total expenditure of approximately $397,789, excluding brokerage fees.

Since initiating its normal course issuer bid (NCIB) on June 4, 2024, Aimia has cancelled a total of 9,037,532 shares. As part of the strategy to reduce the gap between its market price and the intrinsic value of its assets, the company renewed its NCIB on June 4, 2025, permitting the purchase of up to 5,906,629 common shares until June 5, 2026. To date, Aimia has accounted for 49.4% of these allowable purchases, having repurchased 2,916,200 shares through the current program.

Aimia's leadership emphasizes that the market value of its shares may not accurately reflect the company's true worth from time to time. The board believes that repurchasing shares under the NCIB is a prudent allocation of the company's financial resources, helping to improve shareholder returns while also preserving the ability to fund future strategic initiatives.

Headquartered in Toronto, Aimia operates through its two main business arms: Bozzetto, a sustainable specialty chemicals provider, and Cortland International, specializing in ropes and netting solutions. The company aims to streamline operations, optimize capital allocation, and leverage its loss carry-forwards to build shareholder value.

Aimia Inc. (TSX: AIM) recently provided an update regarding its share buyback program, revealing a commitment to return capital to shareholders while enhancing the intrinsic value of its publicly traded assets. The company repurchased 136,300 common shares in January 2026, valued at a weighted-average price of $2.92. This translates to about 0.2% of Aimia's total shares outstanding, continuing its strategy to reduce excess share supply and potentially increase share value.

As of now, Aimia has successfully repurchased and cancelled over 9 million shares since initiating its buyback strategy in June 2024. This represents a substantial 49.4% of the allowable shares under its current Normal Course Issuer Bid (NCIB), reinforcing management's belief that market prices do not always reflect underlying company value. The confidence in the buyback strategy aligns with the broader trend among companies seeking to utilize excess cash in a shareholder-friendly manner, especially in uncertain economic environments.

The timing of share buybacks is critical. Aimia’s strategy appears sound, especially given the current market conditions, with share prices often impacted by broader economic fluctuations. Investors should view Aimia's return of capital through buybacks as a positive indicator of management's alignment with shareholder interests. However, care should be taken; the effectiveness of this approach hinges on overall market sentiment and economic stability, which could affect share price performance.

For potential investors, Aimia’s strong commitment to maintaining financial flexibility while executing strategic initiatives could present a valuable opportunity. The ongoing buyback signals a belief in the company's future prospects and merits consideration for those seeking long-term value in their investment portfolios. As always, investors should perform thorough due diligence and consider the dynamic macroeconomic factors that influence stock performance.