Vireo Growth Inc. Launches 2.4 Million Share Buyback Program

Vireo Growth Inc. authorized a share buyback program on August 13, 2026, allowing the company to repurchase up to 2,426,872 subordinate voting shares on the Canadian Securities Exchange. The program is scheduled to begin on August 17, 2026, and will expire on August 17, 2027.

To execute the buybacks, the company entered into an automatic repurchase plan with Haywood Securities Inc. This agreement permits purchases at prices up to US$18.75 per share, and all repurchased shares will be cancelled upon acquisition.

Chief Executive Officer John Mazarakis described the initiative as a "prudent and disciplined use of capital." He stated that the company's current market valuation does not fully reflect its business strength or the long-term value the company is building.