Vireo Growth Inc. Announces NCIB to Repurchase up to 16.75% of Shares

What Happened

• Vireo Growth Inc. filed an 8-K (filed Aug 18, 2026; press release dated Aug 13, 2026) announcing that its Board authorized a Normal Course Issuer Bid (NCIB) to repurchase up to 2,426,872 subordinate voting shares.
• The NCIB is scheduled to run from August 17, 2026 through August 17, 2027; purchases will be made on the Canadian Securities Exchange (CSE) at prevailing market prices through Haywood Securities Inc.

Key Details

• Maximum shares to be repurchased: 2,426,872 subordinate voting shares (≈16.75% of issued and outstanding shares as of Aug 13, 2026).
• Trading window: Aug 17, 2026 to Aug 17, 2027; purchases only on the CSE and subject to CSE rules and securities laws.
• Broker & plan: Purchases will be effected through Haywood Securities Inc.; the company entered an Automatic Repurchase Plan (APP) allowing purchases during otherwise restricted periods under pre-set parameters.
• Any shares acquired will be cancelled; the NCIB can be suspended, terminated or modified and Vireo is not obliged to make any purchases.

Why It Matters

• If executed, repurchases would reduce the outstanding share count (shares will be cancelled), which can increase per-share metrics for remaining shareholders.
• Repurchases will require use of cash or available liquidity and are subject to market conditions and the company’s cash allocation decisions — the filing does not commit Vireo to buy any shares.
• Investors should note purchases are limited to the CSE and governed by the APP and regulatory rules, so timing, amount and price are uncertain.