Intact Financial (TSX: INTA) Secures TSX Approval for Share Repurchase Normal Course Issuer Bid

Intact Financial (TSX: INTA) has received TSX approval for a Normal Course Issuer Bid (NCIB) to repurchase up to 12.5% of its outstanding shares, valued at approximately C$100 million, over a 20-month period ending February 28, 2028. The company will file the notice with the TSX and proceed with the repurchase program subject to shareholder and regulatory approvals. The NCIB follows the company's strategy to strengthen its balance sheet and return value to shareholders. The TSX approval marks a key step in the process, with the program designed to enhance shareholder value through share repurchases.