Green Thumb Industries Announces $50 Million Share Repurchase Program
Green Thumb Industries (OTCQX: GTBIF) has announced a new $50 million share repurchase program authorized by its board of directors. The program will allow the company to repurchase up to 10,364,640 subordinate voting shares over the next 12 months, starting September 23, 2025.
Under previous repurchase programs initiated in September 2023, Green Thumb has already repurchased approximately 13.5 million shares for $108 million. The company maintains flexibility in the program's execution, with no obligation to purchase shares, and does not plan to incur debt to fund the repurchases. All acquired shares will be returned to treasury and canceled.
Green Thumb Industries (OTCQX: GTBIF) ha annunciato un nuovo programma di riacquisto azioni da 50 milioni di dollari, autorizzato dal consiglio di amministrazione. Il programma permetterà all'azienda di riacquistare fino a 10.364.640 azioni di voto subordinate durante i prossimi 12 mesi, a partire dal 23 settembre 2025.
Sotto i precedenti programmi di riacquisto avviati nel settembre 2023, Green Thumb ha già riacquistato circa 13,5 milioni di azioni per 108 milioni di dollari. L'azienda mantiene flessibilità nell'esecuzione del programma, senza obbligo di acquistare azioni, e non intende indebitarsi per finanziare i riacquisti. Tutte le azioni acquisite saranno restituite al tesoro e cancellate.
Green Thumb Industries (OTCQX: GTBIF) ha anunciado un nuevo programa de recompra de acciones por 50 millones de dólares, autorizado por su junta directiva. El programa permitirá a la compañía recomprar hasta 10.364.640 acciones de voto subordinado durante los próximos 12 meses, a partir del 23 de septiembre de 2025.
Bajo los programas de recompra anteriores iniciados en septiembre de 2023, Green Thumb ya ha recomprado aproximadamente 13,5 millones de acciones por 108 millones de dólares. La empresa mantiene flexibilidad en la ejecución del programa, sin obligación de comprar acciones y no planea incurrir en deuda para financiar las recompras. Todas las acciones adquiridas se devolverán al tesoro y serán canceladas.
Green Thumb Industries (OTCQX: GTBIF)가 이사회가 승인한 새로운 5천만 달러 규모의 자사주 매입 프로그램을 발표했습니다. 이 프로그램은 향후 12개월 동안 10,364,640주 이상의 우선 의결권 주식을 2025년 9월 23일부터 시작하여 매입할 수 있게 합니다.
2023년 9월에 시작된 기존 매입 프로그램에 따라 Green Thumb은 이미 약 1350만 주를 1억 800만 달러에 매입했습니다. 회사는 프로그램 실행에 있어 유연성을 유지하며 주식 매입 의무를 가지지 않고, 매입 자금을 조달하기 위해 차입할 계획도 없습니다. 취득한 모든 주식은 보유고로 반환되어 소각됩니다.
Green Thumb Industries (OTCQX: GTBIF) a annoncé un nouveau programme de rachat d'actions de 50 millions de dollars, autorisé par son conseil d'administration. Le programme permettra à l'entreprise de racheter jusqu'à 10 364 640 actions de vote subordonné au cours des 12 prochains mois, à partir du 23 septembre 2025.
Dans le cadre des programmes de rachat précédents lancés en septembre 2023, Green Thumb a déjà racheté environ 13,5 millions d'actions pour 108 millions de dollars. L'entreprise conserve une flexibilité dans l'exécution du programme, sans obligation d'acheter des actions et ne prévoit pas d'emprunter pour financer les rachats. Toutes les actions acquises seront retournées au trésor et annulées.
Green Thumb Industries (OTCQX: GTBIF) hat ein neues Aktienrückkaufprogramm im Wert von 50 Mio. USD angekündigt, das vom Vorstand genehmigt wurde. Das Programm ermöglicht es dem Unternehmen, in den nächsten 12 Monaten bis zu 10.364.640 nachrangige Stimmrechtsaktien zurückzukaufen, beginnend am 23. September 2025.
Im Rahmen früherer Rückkaufprogramme, die im September 2023 begonnen wurden, hat Green Thumb bereits etwa 13,5 Mio. Aktien für 108 Mio. USD zurückgekauft. Das Unternehmen behält sich Flexibilität bei der Durchführung des Programms vor, es besteht keine Rückkaufsverpflichtung, und es ist nicht geplant, Schulden aufzunehmen, um die Rückkäufe zu finanzieren. Alle erworbenen Aktien werden treuhänderisch zurückgegeben und eingezogen.
أعلنت شركة Green Thumb Industries (OTCQX: GTBIF) عن برنامج إعادة شراء أسهم جديد بقيمة 50 مليون دولار، مُصادق عليه من مجلس الإدارة. سيسمح البرنامج للشركة بإعادة شراء حتى 10,364,640 سهماً صوتياً فرعياً خلال اثني عشر شهراً المقبلة، ابتداءً من 23 سبتمبر 2025.
بموجب برامج إعادة الشراء السابقة التي بدأت في سبتمبر 2023، قامت Green Thumb بإعادة شراء حوالي 13.5 مليون سهم بقيمة 108 ملايين دولار. تحافظ الشركة على مرونة في تنفيذ البرنامج، دون إلزام بشراء الأسهم، ولا تخطط للتمويل بالديون لتمويل عمليات الشراء. ستُعاد جميع الأسهم المكتسبة إلى الخزينة وتُلغى.
Green Thumb Industries（OTCQX: GTBIF）宣布了一项新的 5000万美元回购计划，获董事会授权。该计划将允许公司在未来12个月内自2025年9月23日起回购最多 10,364,640股附属表决权股票。
根据2023年9月启动的先前回购计划，Green Thumb 迄今已回购约 1350万股，金额为1.08亿美元。公司在执行计划方面保持灵活性，无需回购股票的义务，也不计划通过举债来为回购融资。所有回购的股票将回到库藏并予以作废。
- Strong cash position enabling $50 million share repurchase program without incurring debt
- Successful completion of previous buyback program with $108 million in repurchases
- Management's commitment to creating shareholder value through strategic stock buybacks
- No guarantee that the full $50 million repurchase program will be executed
- Capital allocated to buybacks could limit funds available for operational growth
CHICAGO and VANCOUVER, British Columbia, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries, announced that its board of directors authorized a
The repurchase program authorizes, pursuant to a normal course issuer bid, the repurchase of up to 10,364,640 of its subordinate voting shares (“shares”) from time to time over the next 12 months. Under the company’s previous repurchase programs that began on September 5, 2023, Green Thumb repurchased approximately 13.5 million shares for
“We believe buying back our stock at the right price is one of the best ways to create value for shareholders,” said Green Thumb Founder, Chairman and CEO Ben Kovler. “This authorization gives us the flexibility to act strategically as the right opportunities come along. We remain focused on investing in our brands and strengthening our long-term position in the continuously expanding cannabis market.”
The latest repurchase program will commence on Sept. 23, 2025, and expire on Sept. 22, 2026. Green Thumb is not obligated to purchase any shares. If management determines it has a better use for its cash reserves, it is under no obligation to continue to purchase shares and share purchases may be suspended or terminated at any time at Green Thumb’s discretion. Shares may be purchased on the Canadian Securities Exchange, the OTCQX Best Market, or alternative trading systems and will be subject to the limitations and rules imposed by U.S. and Canadian securities regulations.
The company does not expect to incur debt to fund the share repurchase program. The actual number of shares purchased, timing of purchases and share price will depend upon market conditions at the time and securities law requirements. All shares acquired will be returned to the treasury and canceled.
About Green Thumb Industries
Green Thumb Industries Inc. (“Green Thumb”) is a leading national cannabis consumer packaged goods company and retailer headquartered in Chicago, Illinois. The company manufactures and distributes a portfolio of branded products including RYTHM, Dogwalkers, incredibles, Beboe, &Shine, Doctor Solomon’s and Good Green. Green Thumb also owns and operates RISE Dispensaries, a rapidly growing national retail cannabis chain. Green Thumb serves millions of patients and customers each year with a mission to promote well-being through the power of cannabis while giving back to the communities it serves. Established in 2014, Green Thumb has 20 manufacturing facilities and 108 retail stores across 14 U.S. markets, employing approximately 4,800 people. More information is available at www.gtigrows.com.
Cautionary Note Regarding Forward-Looking Information
This press release contains statements which may constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking information is often identified by the words “may,” “would,” “could,” “should,” “will,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “expect,” or similar expressions and include information regarding the potential repurchase of outstanding shares and use of funds. The forward-looking information in this news release is based upon the expectations of future events which management believes to be reasonable. Any forward-looking information speaks only as of the date on which it is made, and, except as required by law, Green Thumb does not undertake any obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. The forward-looking information in this news release is subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied. When considering these forward-looking statements, readers should keep in mind the risk factors and other cautionary statements in Green Thumb’s public filings with the applicable securities regulatory authorities, including with the U.S. Securities and Exchange Commission on its website at www.sec.gov and with Canada’s SEDAR+ at www.sedarplus.ca, as well as on Green Thumb’s website at https://investors.gtigrows.com, including in the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K.
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.
Investor Contact:
Andy Grossman
EVP, Capital Markets & Investor Relations
InvestorRelations@gtigrows.com
310-622-8257
Media Contact:
GTI Communications
media@gtigrows.com
This press release was published by a CLEAR® Verified individual.
FAQ
What is the size of Green Thumb Industries' (GTBIF) new share repurchase program?
When does GTBIF's new share buyback program start and end?
How many shares did Green Thumb repurchase in its previous buyback program?
Is Green Thumb obligated to complete the full share repurchase program?
How will Green Thumb Industries fund the share repurchase program?
