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Timbercreek Financial Initiates New Share Buyback Plan

Timbercreek Financial has secured approval from the Toronto Stock Exchange to launch a new share repurchase program, targeting up to 10% of its public float. The commercial real estate lender plans to buy back as many as 8.2 million shares over the next year to manage its capital structure.

Timbercreek Financial Initiates New Share Buyback Plan

The company, which specializes in shorter-duration structured financing, is resetting its buyback strategy as its previous authorization expires this Thursday. Despite having approval to repurchase a similar volume of shares over the past 12 months, the firm did not execute any buybacks during that period.

Timbercreek shares have faced pressure in 2026, declining 4.1% to close at C$6.56. The new normal course issuer bid provides the company with a renewed window to acquire its own stock should management deem the current valuation advantageous for shareholders.

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