SNDL News & Events

SNDL announced that it has received approval from the Canadian Securities Exchange for the renewal of its share repurchase program. The Share Repurchase Program authorizes the company to repurchase up to C$100M of its outstanding common shares from time to time at prevailing market prices, enabling SNDL to opportunistically return value to shareholders. Pursuant to the Share Repurchase Program, SNDL may purchase shares from time to time at the discretion of management through open market purchases, privately negotiated transactions, block trades, derivatives, accelerated or other structured share repurchase programs, or other means. The manner, timing, pricing and amount of any transactions will be subject to the discretion of SNDL and may be based upon market conditions, regulatory requirements and alternative opportunities that SNDL may have for the use or investment of its capital.

Reports Q3 revenue C$244.2M vs C$236.892M last year "Reaching a new record for quarterly free cash flow and, for the first time in our history, achieving positive cumulative free cash flow for the first nine months of the year underscores the strength of our ongoing operational and profitability improvements," said Zach George, Chief Executive Officer of SNDL. "We are delivering these results while continuing to grow our Cannabis business well ahead of market and industry peers and accelerating the pace of organic growth investments."