GlobeNewswire·Nov 5, 2026, 4:05 PM ET

TFI International Announces Renewal of Normal Course Issuer Bid

TFI International Inc. received TSX approval to renew its normal course issuer bid (NCIB) to purchase up to 7,628,841 common shares for cancellation.
The new authorization represents 10% of the public float as of October 30, 2026, and covers the period from November 10, 2026, to November 9, 2027.
Under the previous NCIB ending November 3, 2026, TFI repurchased 688,137 shares at a weighted average price of CAD $152.1286 per share.
Purchases will occur at market prices through the TSX, NYSE, & alternative trading systems in Canada & the United States.
Daily purchase limits on the TSX are capped at 70,142 shares, representing 25% of the average daily trading volume, with an exception for one weekly block purchase.
TFI entered an automatic share purchase plan with RBC Dominion Securities Inc. to facilitate acquisitions during corporate "black-out" periods.
The Board of Directors views share repurchases as a method to protect & enhance shareholder value when opportunities arise.
TFI International operates in Less-Than-Truckload, Truckload, & Logistics segments across the United States, Canada, & Mexico.