STOCK TITAN

Docebo (NASDAQ: DCBO) starts US$70M substantial issuer bid

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Docebo Inc. has commenced a previously announced substantial issuer bid under which it will offer to repurchase for cancellation up to 3,431,372 outstanding common shares at US$20.40 per share, for a maximum aggregate purchase price of US$70,000,000. The Offer commences on the date of the announcement and will expire on August 26, 2026, unless extended, varied or withdrawn.

The company has filed the related Offer Documents with securities regulators in Canada and the United States and mailed them to shareholders. These documents are available on SEDAR+ and EDGAR, and shareholders should carefully read the Offer Documents prior to making a decision with respect to the Offer. The announcement is for informational purposes only and is not itself an offer to buy or a solicitation to sell shares.

Positive

  • Substantial issuer bid of up to US$70,000,000 may reduce share float through issuer repurchases at a fixed price.

Negative

  • None.
Maximum shares to be repurchased 3,431,372 common shares Up to this number of outstanding common shares may be repurchased for cancellation under the substantial issuer bid
Tender offer price per share US$20.40 Fixed price per common share in the substantial issuer bid
Maximum aggregate purchase price US$70,000,000 Cap on total consideration payable under the offer
Offer expiry date August 26, 2026 Scheduled expiration of the substantial issuer bid unless extended, varied or withdrawn
substantial issuer bid regulatory
"announces the formal commencement of the previously announced substantial issuer bid (the “Offer”)"
A substantial issuer bid is an offer by a company to buy back a large block of its own shares directly from existing shareholders, usually at a set price and for a fixed period. It matters to investors because such a large buyback can raise the value of remaining shares, change voting power, or signal management’s view that the stock is undervalued — like a homeowner buying back many neighborhood houses, shrinking the supply and shifting ownership.
repurchase for cancellation financial
"will offer to repurchase for cancellation up to 3,431,372 of its outstanding common shares"
A repurchase for cancellation is when a company buys its own shares from the market or shareholders and then permanently cancels them, reducing the total number of shares available. For investors this matters because it concentrates ownership and typically raises measures like earnings per share—similar to slicing the same pie into fewer pieces—while using corporate cash, which can affect share value, dividends and the company’s financial flexibility.
Offer Documents regulatory
"The Offer Documents have been filed with the applicable securities regulators"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What is Docebo Inc. (DCBO) doing in its July 2026 substantial issuer bid?

Docebo has commenced a substantial issuer bid to repurchase for cancellation up to 3,431,372 common shares at US$20.40 per share, for a maximum aggregate purchase price of US$70,000,000. The offer applies to its currently outstanding common shares.

What is the deadline for Docebo (DCBO) shareholders to participate in the issuer bid?

The substantial issuer bid is scheduled to expire on August 26, 2026, unless it is extended, varied or withdrawn. Shareholders must decide whether to tender their common shares before this expiry date, according to the timelines and procedures described in the Offer Documents.

At what price will Docebo (DCBO) repurchase common shares under the offer?

Docebo will offer to buy common shares at a fixed price of US$20.40 per share. This price applies to up to 3,431,372 outstanding common shares that may be tendered under the substantial issuer bid, subject to the overall US$70,000,000 cap.

What is the total maximum value of Docebo’s (DCBO) substantial issuer bid?

The issuer bid is capped at a maximum aggregate purchase price of US$70,000,000. This cap, together with the fixed price of US$20.40 per share, limits the total number of shares that can be repurchased for cancellation under the offer.

Where can Docebo (DCBO) shareholders find the official Offer Documents for the issuer bid?

The Offer Documents have been filed with securities regulators and are available on SEDAR+ and EDGAR. Docebo has also mailed these documents to shareholders, who are told to carefully read them before making any decision regarding participation in the Offer.

Is Docebo’s July 2026 press release itself an offer to buy common shares?

No. The company states this announcement is for informational purposes only and does not constitute an offer to buy or a solicitation to sell common shares. The actual solicitation and offer are made solely through the formal Offer Documents.
 
 

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 July 2026

Commission File Number 001-39750

 

 

DOCEBO INC.

(Exact name of Registrant as specified in its charter)

 

 

N/A

(Translation of Registrant’s name)

366 Adelaide St. West

Suite 701

Toronto, Ontario, Canada M5V 1R7

(800) 681-4601

(Address and telephone number of registrant’s 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 ☒

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

 

 
 


DOCUMENTS INCLUDED AS PART OF THIS REPORT

 

Exhibit     
99.1    Press Release of Docebo Inc., dated July 21, 2026, titled “Docebo Inc. Announces Commencement of Previously Announced Substantial Issuer Bid”


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.

 

    Docebo Inc.
Date: July 21, 2026     By:  

/s/ Brandon Farber

      Name: Brandon Farber
      Title:  Chief Financial Officer

Exhibit 99.1

 

LOGO

Docebo Inc. Announces Commencement of Previously Announced Substantial Issuer Bid

TORONTO, ONTARIO – July 21, 2026Docebo Inc. (NASDAQ: DCBO; TSX: DCBO) (“Docebo” or the “Company”), the Enterprise Platform for the AI-era workforce, unifying skills intelligence, learning, and knowledge in one closed loop, is pleased to announce the formal commencement of the previously announced substantial issuer bid (the “Offer”) under which the Company will offer to repurchase for cancellation up to 3,431,372 of its outstanding common shares (“Common Shares”) at a price of US$20.40 per Common Share, for an aggregate price not exceeding US$70,000,000. The Offer commences on the date hereof and will expire on August 26, 2026, unless extended, varied or withdrawn. Further details regarding the Offer can be found in the Company’s press release of July 17, 2026.

The Offer Documents have been filed with the applicable securities regulators and were mailed to shareholders on July 21, 2026. The Offer Documents will be available free of charge under the Company’s SEDAR+ profile at www.sedarplus.ca and on EDGAR at www.sec.gov. Shareholders should carefully read the Offer Documents prior to making a decision with respect to the Offer.

This press release is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell Common Shares. The solicitation and the offer to buy Common Shares will only be made pursuant to the Offer Documents filed with the applicable securities regulators in Canada and the United States.

About Docebo

Docebo is redefining the way enterprises leverage technology to create and manage content, deliver training, and measure the business impact of their learning programs. With Docebo’s end-to-end learning platform, organizations worldwide are equipped to deliver scaled, personalized learning across all their audiences and use cases, driving growth and powering their business.

For further information, please contact:

Mike McCarthy

Vice President – Investor Relations

(214) 830-0641

mike.mccarthy@docebo.com

Filing Exhibits & Attachments

1 document