Stingray Announces $15.4 Million Share Buyback
| The Manila Times
MONTRÉAL, June 18, 2026 (GLOBE NEWSWIRE) -- Stingray Group Inc. ('Stingray” or the 'Corporation”) (TSX: RAY) today announced that it has entered into a private agreement with CDP Investissements inc., a subsidiary of La Caisse for the repurchase for cancellation of 1,000,000 Subordinate Voting and Variable Subordinate Voting Shares of Stingray held by La Caisse at a price of $15.40 per share, for a total consideration of $15.4 million. The repurchase price represents a discount of 5.1% to the closing price of the shares on the Toronto Stock Exchange ('TSX”) on June 18, 2026, and will be paid using Stingray’s cash on hand.