BRP Gets TSX Approval to Buyback Up to 10% of Public Float

Dow Jones

2025/12/04

By Adriano Marchese

BRP intends to renew its repurchase of up to 10% of its issued and outstanding common shares over the course of a one-year period.

The Canadian manufacturer of powersports vehicles said Thursday that the Toronto Stock Exchange has accepted its plans to renew the company's normal course issuer bid to buy back up to 3.1 million subordinate voting shares.

Shares have been performing well in the year, rising nearly 35% to close on Wednesday at 98.65 Canadian dollars ($70.71). The stock is up 45% over the past 52 weeks.

At Wednesday's closing price, the value of the shares intended for buyback would be worth about C$308.9 million.

BRP can begin buying back shares starting on Dec. 10.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

December 04, 2025 07:18 ET (12:18 GMT)

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