CPKC has announced that it has received acceptance from the TSX.

Canadian Pacific Kansas City (CPKC) has received approval from the Toronto Stock Exchange to renew its normal course issuer bid (2026 NCIB), allowing it to buy back up to 82,214,163 common shares, approximately 9% of its public float, starting February 2, 2026, and ending February 1, 2027. This follows the early termination of its previous bid (2025 NCIB), under which it repurchased and canceled 37,348,539 shares. CPKC plans to implement an automatic purchase plan to facilitate share buybacks during internal blackout periods, aiming to enhance long-term shareholder value.