Loblaw to Acquire Up to 1.22 Million EQB Shares

Reuters
9 hours ago
Loblaw to Acquire Up to 1.22 Million EQB Shares

Loblaw Companies Limited has entered into an automatic share purchase plan (ASPP) to acquire up to 1,220,000 common shares of EQB Inc. This arrangement is part of a broader transaction involving the sale of President's Choice Bank and affiliated entities to EQB Inc., alongside the establishment of a long-term strategic relationship between the two companies. The ASPP allows Loblaw’s broker to purchase EQB shares according to preset parameters and in compliance with TSX and Canadian securities laws, with purchases ceasing once the maximum amount is reached or upon closing of the transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Loblaw Companies Limited published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9654163-en) on February 12, 2026, and is solely responsible for the information contained therein.

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