Swiss Water Announces TSX Approval for Share Buyback under an NCIB

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Postmedia has not reviewed the content. by GlobeNewswire Swiss Water Announces TSX Approval for Share Buyback under an NCIBAuthor of the article: You can save this article by registering for free here. Or sign-in if you have an account.VANCOUVER, British Columbia, Aug. 17, 2026 (GLOBE NEWSWIRE) — Swiss Water Decaffeinated Coffee Inc. (TSX:SWP) (“Swiss Water” or “the Company”), is pleased to announce that the Toronto Stock Exchange (the “TSX”) has approved the previously announced normal course issuer bid (the “NCIB”) pursuant to which Swiss Water will purchase up to approximately 650,000 common shares (“Common Shares”), representing approximately 9.7% of its outstanding Common Shares in the public float as of August 7, 2026. The NCIB is expected to commence on August 20, 2026 and will have a term of one year from the commencement date, ending on August 19, 2027.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountSwiss Water is undertaking the NCIB because its management believes that from time to time, the market price of its Common Shares may not reflect the underlying value of Swiss Water’s business and future prospects. Management believes that, in such circumstances, purchasing Common Shares for cancellation would be in the best interests of shareholders and represents an appropriate use of its capital.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againManagement believes it has sufficient cash flow and financial resources to fund the purchases under the NCIB without impairing its ability to pursue growth opportunities, meet its financial obligations, or otherwise operate in the ordinary course. Accordingly, management considers the bid to be a prudent and efficient use of capital.Any purchases made under the NCIB will be conducted through the facilities of the TSX and/or alternative Canadian trading systems at prevailing market prices and in accordance with applicable securities laws and TSX requirements.Although the Company presently intends to purchase Common Shares under its NCIB, there can be no assurances that any such purchases will be completed. Swiss Water has not repurchased any of its Common Shares during the twelve months preceding the date hereof.DetailsRegardingtheNormalCourseIssuerBidThe total issued and outstanding Common Shares of the Company as of August 7, 2026 was 9,592,302, with the total public float being 6,676,109 Common shares.The average daily trading volume (“ADTV”) of the Company for the six months ended July 31, 2026 was 3,657 Common Shares.The Company’s permitted daily trading limit during the term of the NCIB is restricted to 25% of the ADTV. Per TSX Company Manual, s. 628(ix), the Company’s daily limit will be 1,000 Common Shares.Formoreinformation,pleasecontact:Iain Carswell, Chief Financial OfficerSwiss Water Decaffeinated Coffee Inc.Phone: 1-604-420-4050Email: investor-relations@swisswater.comWebsite: investor.swisswater.comSwiss Water Decaffeinated Coffee Inc. is a leading specialty coffee company and a premium green coffee decaffeinator that employs the proprietary Swiss Water® Process to decaffeinate green coffee without the use of chemical solvents such as methylene chloride. It also owns Seaforth Supply Chain Solutions Inc., a green coffee handling and storage business. Both businesses are located in Delta, British Columbia, Canada.This advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.Forward-LookingStatementsCertain statements in this press release may constitute “forward-looking” statements that involve known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. When used in this press release, such statements may include such words as “may”, “will”, “expect”, “believe”, “plan”, “anticipate” and other similar terminology. These statements reflect management’s current expectations regarding future events and operating performance, as well as management’s current estimates, which are based on numerous assumptions and may prove to be incorrect. These statements are neither promises nor guarantees but involve known and unknown risks and uncertainties, including, but not limited to, risks related to processing volumes and sales growth, operating results, the supply of utilities, the supply of coffee and packaging materials, supply of labour force, general industry conditions, commodity price risks, technology, competition, foreign exchange rates, construction timing, costs and financing of capital projects, a potential impact of any pandemics, global and local climate changes, changes in interest rates, inflation, transportation availability, and general economic conditions. The forward-looking statements and financial outlook information contained herein are made as of the date of this press release and are expressly qualified in their entirety by this cautionary statement. Except to the extent required by applicable securities law, Swiss Water undertakes no obligation to publicly update or revise any such statements to reflect any change in management’s expectations or in events, conditions, or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those described.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.