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Onex Announces Renewal of Normal Course Issuer Bid

All amounts in U.S. dollars unless otherwise stated 

TORONTO, April 15, 2025 (GLOBE NEWSWIRE) -- Onex Corporation ("Onex") (TSX:ONEX) announced today it has filed with the Toronto Stock Exchange, and the Exchange has accepted, a Notice of Intention to make a Normal Course Issuer Bid permitting Onex to purchase for cancellation up to 10% of the public float in its Subordinate Voting Shares, or 5,779,994 shares. There are 70,359,895 Subordinate Voting Shares issued and outstanding and the public float as at April 10, 2025 was 57,799,946 shares.

Onex may buy back shares from time to time during the next twelve months. Any purchases made under the Normal Course Issuer Bid will be effected through the facilities of TSX or alternative Canadian trading systems. The number of shares Onex is permitted to purchase under the bid may be reduced by private acquisitions pursuant to issuer bid exemption orders issued by a securities regulatory authority or otherwise exempt from the issuer bid requirements of applicable securities regulations and/or by purchases of shares by certain Onex executives or employees under purchase programs administered by Onex. Any purchases made by way of private agreements under an issuer bid exemption order issued by a securities regulatory authority or other exemptions permitted by applicable securities regulations shall not be greater than the prevailing market price. Subject to any discretionary relief provided by the TSX, Onex may purchase up to 29,742 Subordinate Voting Shares during any trading day through the facilities of TSX, ...