🟢 MDA Space is trading 4.76% up in after-hours trading after TSX approval of its share buyback

MDA Space is trading 4.76% higher at $33.00 after TSX approval of its normal-course issuer bid.

• The program permits repurchase and cancellation of up to 8,106,539 shares, approximately 5% of outstanding shares, over 12 months starting September 23, 2026.
• The buyback provides direct shareholder support and is the clearest company-specific catalyst for the after-hours move.
• Broader markets were weak on September 24, 2026, suggesting the move was company-driven rather than reflective of overall sentiment.