#Canada #Toronto #Tucows #TCX #buyback

Tucows Unveils $40 Million Stock Buyback Initiative

Tucows Inc., a prominent player in the internet services arena, has recently disclosed a significant move to bolster shareholder confidence through a newly approved stock buyback program worth $40 million. This decision, made by the Board of Directors, marks an essential step in reinforcing the company's commitment to maximizing shareholder value.

Beginning on February 13, 2026, Tucows plans to commence the repurchase of its common stock in the open market, with the program set to conclude on or before February 12, 2027. This new buyback initiative will replace a previously announced program of the same financial magnitude that started on February 14, 2025, which is now terminated as part of their strategic financial optimization.

The buyback will take place exclusively on the Nasdaq Capital Market, where Tucows will have the discretion regarding the timing and volume of shares repurchased, dependent on market conditions and available cash resources. This flexibility means that the company will be able to maneuver within the market effectively, ensuring that purchases can be executed at optimal times without excessive volatility.

It is important to note that any shares repurchased during this initiative will be retired and returned to the company's treasury, which is part of a broader strategy aimed at not only managing capital efficiently but also enhancing the per-share value for remaining shareholders.

According to the company’s filings, as of February 12, 2026, Tucows has about 11,124,591 common shares outstanding. This gives a clear picture of the share landscape as they begin their buyback efforts. Additionally, Tucows has stated that they do not plan to buy shares from management or other insiders, adhering to strict ethical guidelines throughout this process.

The financial resources allocated for this buyback are intended to be sourced from available working capital and existing credit facilities, ensuring that the company remains on solid financial footing while undertaking this noteworthy initiative.

In related news, Tucows has reiterated its focus on delivering robust internet connectivity through its various services, including Ting, which offers fiber internet solutions, and Wavelo, a telecommunications software suite designed to streamline services for providers. With its diverse service offerings and strategic decisions, Tucows appears committed to leveraging its market position to provide exceptional value to its customers and shareholders alike.

Beyond this buyback initiative, Tucows continues to pursue growth opportunities and innovations in the internet services sector, emphasizing the importance of adaptability in today’s ever-changing market landscape. By executing such strategic moves, Tucows not only reinforces its operational integrity but also showcases its forward-thinking approach in enriching the overall experience for its stakeholders.

In conclusion, with this new stock buyback program, Tucows is taking significant steps to ensure its financial health and to foster greater trust and loyalty among its investors. As the company embarks on this journey to repurchase shares, the market will be closely attuned to how these efforts unfold and the potential impacts on Tucows’ overall performance in the coming year.