FirstService Announces Normal Course Issuer Bid

manilatimes.net · 2026-08-20

TORONTO, Aug. 20, 2026 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) ('FirstService”) announced today that the Toronto Stock Exchange (the 'TSX”) has accepted a notice filed by FirstService of its intention to make a normal course issuer bid (the 'NCIB”) with respect to its outstanding common shares.

TickrTrends take: FirstService announced a normal course issuer bid, a program that allows the company to repurchase its own shares in the open market. TickrTrends currently rates FSV as undervalued, suggesting the real estate services company's stock price may not fully reflect its intrinsic value, which could make share repurchases potentially accretive to remaining shareholders. Investors focused on valuation should monitor how the company executes this buyback program alongside its operational performance in the real estate sector.

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