Granite Real Estate Investment Trust (TSX:GRT.UN) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 6,060,162 shares, representing 9.95% of the issued and outstanding stapled units. All stapled units that are purchased under the bid will be cancelled.
The bid will conclude on the earlier of the date on which purchases under the bid have been completed and May 25, 2026. As of May 20, 2025, the company had 60,897,220 stapled units issued and outstanding.
