Black Diamond Group wins TSX approval for share buyback renewal
Updated
Updated · MarketWatch · May 8
Black Diamond Group wins TSX approval for share buyback renewal
4 articles · Updated · MarketWatch · May 8
The Canadian modular space and workforce-accommodation company can repurchase about 5.3 million shares from May 12, equal to about 10% of its public float.
At Thursday's close of C$16.83, the planned purchases would be worth roughly C$88.6 million over the next year for cancellation.
Black Diamond shares have risen about 15% since the start of 2026, ahead of the renewed normal course issuer bid.
With nearly half its workforce housing empty, is an C$88M stock buyback Black Diamond's wisest investment?
After its last buyback plan sat idle, is Black Diamond's new C$88M repurchase promise a real strategy?