By Adriano Marchese
Metro plans to renew its share-repurchase program to buy up to 4.7% of its shares.
The Canadian grocer said Tuesday that its board approved the repurchase of up to 10 million shares for cancellation over the course of the next year.
Shares have risen about 9.1% in 2025 to close on Monday at 98.34 Canadian dollars ($69.71).
At Monday's closing price, the value of the shares intended for buyback would be worth about $983.4 million.
Metro can begin buying back shares for this round of buybacks starting on Nov. 27.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
November 25, 2025 09:36 ET (14:36 GMT)
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