RB Global, Inc. Announces $500 Million Share Repurchase Program Approval

RB Global, Inc. has received approval from the Toronto Stock Exchange (TSX) to commence a normal course issuer bid (NCIB) for its common shares. The repurchase program will begin on March 18, 2026, and conclude on March 17, 2027, unless completed earlier. Under this program, RB Global may repurchase up to 10,000,000 common shares, not exceeding US$500 million in aggregate value. This amount represents approximately 7% of the company's total public float as of March 6, 2026. Daily repurchases on the TSX will be capped at 75,349 shares, which is 25% of the average daily trading volume for the six months prior to February 28, 2026. The company intends to cancel all shares repurchased under the NCIB. RB Global believes that repurchasing its shares at current market prices is a prudent use of corporate funds. Purchases can be made through an automatic repurchase plan, allowing for transactions even during blackout periods, in compliance with TSX regulations and applicable securities laws. Shares may be bought on the TSX, NYSE, or other alternative trading systems through open market transactions or other permissible methods. The company reserves the right to discontinue the program at any time, subject to regulatory requirements.