$40M Tucows buyback to retire shares over the next year
Tucows Inc. (NASDAQ: TCX) has announced a new $40 million open-market stock buyback program, set to commence on February 13, 2026, and conclude by February 12, 2027. This program will involve repurchasing common shares via the Nasdaq Capital Market, with all acquired shares being retired and returned to treasury. The initiative follows the termination of a previous $40 million buyback program and will be funded through available working capital and existing credit facilities, with repurchases dependent on cash and market conditions.