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CIBC Plans to Buy Back Up to 20M Shares, Representing 2.2% of Its Outstanding Stock

Author: Benzinga Newsdesk | August 28, 2025 05:30am

CIBC (TSX:CM) (NYSE:CM) today announced its intention to purchase for cancellation up to 20 million common shares under a normal course issuer bid, subject to the approval of the Toronto Stock Exchange (TSX). Common shares that may be purchased for cancellation represent approximately 2.2% of outstanding common shares as at July 31, 2025.

Posted In: CM TSX:CM


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