On March 16, 2026, RB Global, Inc. announced that it has received approval from the Toronto Stock Exchange (TSX) to initiate a normal course issuer bid (NCIB) for its common shares. This program allows the company to repurchase up to 10 million common shares, which represents approximately 7% of the total public float as of March 6, 2026. The total value of the repurchase program is set at $500 million. The NCIB is scheduled to commence on March 18, 2026, and will run until March 17, 2027, unless completed earlier. The maximum number of shares that can be purchased on any single trading day is limited to 75,349 shares, which is 25% of the average daily trading volume over the past six months. The company believes that repurchasing its shares at certain market prices is a prudent use of its funds, potentially enhancing shareholder value. All shares repurchased under the NCIB will be cancelled, thereby reducing the total number of outstanding shares and potentially increasing earnings per share for remaining shareholders. This strategic move reflects RB Global's commitment to returning value to its shareholders while maintaining a strong balance sheet.

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