ATS Corporation (NYSE: ATS) details director elections and $4.25M share repurchases
Rhea-AI Filing Summary
ATS Corporation reported outcomes from its August 6, 2026 virtual Annual and Special Meeting and activity under its normal course issuer bid. All nominee directors listed in the June 22, 2026 management information circular were elected, with support ranging from 93.16% to 99.98% of votes cast; overall, 88.12% of common shares were represented. ATS has repurchased 146,085 common shares to date under its NCIB at an average price of $29.08, for a total cost of approximately $4.25 million, and may purchase up to 8,225,621 shares for cancellation between December 22, 2025 and December 21, 2026. Management characterizes the NCIB as one element of its capital allocation strategy alongside acquisition-led growth.
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Key Figures
Meeting participation: 88.12%
Highest director support: 99.98%
Shares repurchased under NCIB: 146,085 shares
+5 more
8 metrics
Meeting participation
88.12%
Percentage of ATS common shares represented at the August 6, 2026 Annual and Special Meeting
Highest director support
99.98%
Votes for William Douglas (Doug) Wright as a percentage of votes cast
Shares repurchased under NCIB
146,085 shares
Common shares purchased to date under ATS normal course issuer bid
Average repurchase price
$29.08
Average price paid per common share repurchased under the NCIB
Aggregate repurchase cost
$4.25 million
Approximate total cost of NCIB repurchases to date
Maximum NCIB capacity
8,225,621 shares
Maximum number of common shares ATS may purchase for cancellation under the NCIB
Employees
over 7,000
Number of people employed globally by ATS Corporation
Manufacturing facilities
more than 65
Number of ATS manufacturing facilities in North America, Europe, Asia and Oceania
Key Terms
normal course issuer bid, block purchases, capital allocation strategy, automation solutions provider, +1 more
5 terms
normal course issuer bid financial
"ATS also announced that it has purchased its common shares under its previously disclosed normal course issuer bid"
A Normal Course Issuer Bid is when a company buys back its own shares from the stock market over time. This usually shows that the company believes its stock is undervalued and wants to support its price, which can be important for investors to watch.
block purchases financial
"including through block purchases, in accordance with applicable regulatory requirements"
A block purchase is a large, privately negotiated trade of shares or bonds executed between institutions or big investors outside the regular public market. Think of it like buying a pallet of goods at once instead of individual items; it lets buyers and sellers move big positions with less public price disruption, but it can still signal shifting ownership and affect market liquidity and investor perceptions of demand for the security.
capital allocation strategy financial
"The NCIB is viewed by ATS management as one component of an overall capital allocation strategy"
A capital allocation strategy is a plan for deciding how a company distributes its financial resources among various needs, such as investing in growth, paying dividends, or reducing debt. For investors, it signals how effectively a company manages its money to create value and sustain long-term success, much like a person deciding how to divide their budget for savings, expenses, and investments.
automation solutions provider technical
"ATS Corporation is an industry-leading automation solutions provider to many of the world's most successful companies"
pre-automation technical
"value-added solutions including pre-automation and after-sales services, to address the sophisticated manufacturing"
FAQ
What did ATS (ATS) announce about its board elections?
ATS reported that all nominee directors in its June 22, 2026 circular were elected at the August 6, 2026 Annual and Special Meeting. Director support ranged from 93.16% to 99.98% of votes cast, with strong overall shareholder participation.
Where can investors find the full voting results for ATS (ATS) 2026 meeting?
ATS indicated that final results on all matters voted upon at the August 6, 2026 Annual and Special Meeting will be filed on SEDAR+ and EDGAR. These regulatory filings will include detailed vote tallies beyond the director election summary.
What role does the NCIB play in ATS (ATS) capital strategy?
ATS describes its normal course issuer bid as one component of an overall capital allocation strategy and as complementary to acquisition growth plans. Management also believes share repurchases can provide liquidity and benefit remaining shareholders when prices differ from underlying value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of August 2026
Commission File Number: 001-41713
ATS CORPORATION
(Translation of registrant’s name into English)
730 Fountain Street North
Building 3
Cambridge, Ontario N3H 4R7
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F☐ Form 40-F☒
EXHIBIT INDEX
| 99.1 | Press release dated August 11, 2026 | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
ATS CORPORATION (Registrant) | ||||||||||||||||||||
| Date: August 11, 2026 | By: | /s/ Gordon Raman | ||||||||||||||||||
| Name: Gordon Raman | ||||||||||||||||||||
| Title: Chief Legal Officer | ||||||||||||||||||||
ATS Announces Election of Directors and Activity under NCIB
08/11/2026
CAMBRIDGE, ON - (BUSINESS WIRE) - ATS Corporation (TSX: ATS) (NYSE: ATS) (“ATS” or the “Company”) today announced that all of the nominee directors listed in the management information circular dated June 22, 2026 were elected as directors of ATS. The vote was conducted electronically at the virtual Annual and Special Meeting of Shareholders, which took place on August 6, 2026 (“Annual Meeting”). The voting results based on votes cast by shareholders present online or represented by proxy at the Annual Meeting are set out below:
Name of Nominee | Votes For | Percent | Votes Withheld | Percent | ||||||||||
Avik Dey | 85,014,959 | 99.35% | 556,503 | 0.65% | ||||||||||
Joanne S. Ferstman | 84,619,009 | 98.89% | 952,453 | 1.11% | ||||||||||
Kirsten Lange | 83,844,384 | 97.98% | 1,727,078 | 2.02% | ||||||||||
Michael E. Martino | 79,715,346 | 93.16% | 5,855,967 | 6.84% | ||||||||||
Sharon C. Pel | 84,804,912 | 99.10% | 766,550 | 0.90% | ||||||||||
Daniel A. Pryor | 85,030,863 | 99.37% | 540,449 | 0.63% | ||||||||||
Philip B. Whitehead | 84,992,185 | 99.32% | 579,127 | 0.68% | ||||||||||
William Douglas (Doug) Wright | 85,553,345 | 99.98% | 17,967 | 0.02% | ||||||||||
The total percentage of ATS common shares represented at the Annual Meeting was 88.12%. Final results on all matters voted upon at the Annual Meeting will be filed on SEDAR+ and EDGAR.
ATS also announced that it has purchased its common shares under its previously disclosed normal course issuer bid (“NCIB”). ATS believes that there are times when the market price of its common shares may not reflect their underlying value and that the purchase of common shares by ATS will both provide liquidity to existing shareholders and benefit remaining shareholders. ATS has purchased 146,085 common shares to date at an average price of $29.08, for an aggregate purchase cost of approximately $4.25 million. As previously disclosed, ATS may make purchases under its NCIB through the facilities of the Toronto Stock Exchange
and/or alternative Canadian trading systems, including through block purchases, in accordance with applicable regulatory requirements during the twelve-month period commencing on December 22, 2025, and ending on or before December 21, 2026. The price ATS will pay for any such shares will be the market price at the time of acquisition. Under its NCIB ATS has the ability to purchase for cancellation up to a maximum of 8,225,621 common shares of the Company. The NCIB is viewed by ATS management as one component of an overall capital allocation strategy and complementary to its acquisition growth plans.
About ATS Corporation
ATS Corporation is an industry-leading automation solutions provider to many of the world's most successful companies. ATS uses its extensive knowledge base and global capabilities in custom automation, repeat automation, automation products and value-added solutions including pre-automation and after-sales services, to address the sophisticated manufacturing automation systems and service needs of multinational customers in markets such as life sciences, food & beverage, industrial and consumer, and energy. Founded in 1978, ATS employs over 7,000 people at more than 65 manufacturing facilities and over 85 offices in North America, Europe, Asia and Oceania. The Company's common shares are traded on the Toronto Stock Exchange ("TSX") and the New York Stock Exchange ("NYSE") under the symbol ATS. Visit the Company's website at www.atsautomation.com.
For more information, contact: David Ocampo Head of Investor Relations ATS Corporation 730 Fountain Street North Cambridge, ON, N3H 4R7 (519) 653-6500 docampo@atsautomation.com | For general media inquiries, contact: Matthew Robinson Director, Corporate Affairs & Communications ATS Corporation 730 Fountain Street North Cambridge, ON, N3H 4R7 (519) 653-6500 mrobinson@atsautomation.com | ||||
SOURCE: ATS Corporation