BNN Bloomberg EN

Altus Group Announces Commencement of Substantial Issuer Bid

Altus Group Limited (“Altus Group” or the “Company”) (TSX: AIF), a leading provider of commercial real estate (“CRE”) intelligence, in furtherance of the Company’s previously announced capital return objectives, today announced the commencement of a substantial issuer bid (the “SIB”) pursuant to which Altus Group will offer to purchase for cancellation up to C$200,000,000 of its common shares (the “Shares”). The SIB commences on the date hereof and will expire on April 21, 2026, unless extended, varied or withdrawn.

Mar 16, 2026 &03151616202631; 16:15 UTC www.bnnbloomberg.ca Trending 4/5

Read original on www.bnnbloomberg.ca ↗

↗

Positive for markets

Sentiment score: +65/100

Moderate impact Medium-term (weeks)

WHAT THIS MEANS

Altus Group Limited announced a substantial issuer bid to repurchase up to C$200 million of its common shares, demonstrating confidence in its valuation and commitment to capital return. The bid, commencing immediately and expiring April 21, 2026, signals management's belief that shares are undervalued and reflects disciplined capital allocation strategy.

AI CONFIDENCE

75% High

SENTIMENT GAUGE

NEWS POWER SCORE

AFFECTED ASSETS

↑

AIF

AIFStock

Expected to rise

Share buyback reduces share count, increasing EPS accretion and signaling management confidence in undervaluation; positive for remaining shareholders

↑

TSX

TSXIndex

Expected to rise

Modest positive impact on Canadian equity index through constituent company capital return activity

PRICE HISTORY

Loading chart...

⚡ SUGGESTED ACTION

Consider accumulating AIF on any weakness as the buyback provides a price floor and EPS support. Monitor execution pace and market conditions; the extended timeline allows flexibility for opportunistic repurchases at attractive valuations.

KEY SIGNALS

Substantial capital return commitment (C$200M)Management confidence in share valuationExtended timeline (18+ months) indicates measured executionDisciplined capital allocation strategyEPS accretion expected from share reduction

SECTORS INVOLVED

Real Estate TechnologyCommercial Real EstateSoftware & Services

Analysis generated on Mar 16, 2026 at 12:28 UTC

Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by BNN Bloomberg. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

Altus Group Announces Commencement of Substantial Issuer Bid

RELATED INTELLIGENCE