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Aimia Steps Up Share Buybacks to Narrow Discount to Intrinsic Value

Story Highlights
  • Aimia repurchased 236,800 shares in March 2026, about 0.3% of its float.
  • The company has retired over 9.38 million shares since 2024, using buybacks to narrow its valuation discount.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Aimia Steps Up Share Buybacks to Narrow Discount to Intrinsic Value

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Aimia Inc. ( (TSE:AIM) ) has shared an update.

Aimia Inc. said it repurchased and cancelled 236,800 common shares in March 2026 under its normal course issuer bid, equal to about 0.3% of its 89 million shares outstanding at month-end. The shares were bought at a weighted-average price of $2.86, for a total of roughly $677,000 excluding fees.

Since launching its buyback program in June 2024, Aimia has retired more than 9.38 million shares, and under the NCIB renewed to June 2026 it has already used 55% of its current authorization. The company frames the buybacks as a tool to close the gap between market price and intrinsic value while preserving financial flexibility for future strategic initiatives and capital deployment.

The most recent analyst rating on (TSE:AIM) stock is a Hold with a C$2.50 price target. To see the full list of analyst forecasts on Aimia Inc. stock, see the TSE:AIM Stock Forecast page.

Spark’s Take on AIM Stock

According to Spark, TipRanks’ AI Analyst, AIM is a Neutral.

The score is held back primarily by weak and volatile profitability alongside sharply higher leverage, plus bearish technicals with the stock below key moving averages. The key offset is the earnings-call catalyst of a large pending divestiture expected to materially improve liquidity and enable debt repayment, though execution and operating headwinds remain. Valuation is also a negative due to the very high P/E and lack of dividend support.

To see Spark’s full report on AIM stock, click here.

More about Aimia Inc.

Aimia Inc., listed on the TSX and JSE, is a Toronto-based diversified conglomerate focused on enhancing the value of its holdings. The company prioritizes lowering holding-company costs, increasing intrinsic value, narrowing the discount between its share price and underlying asset value, and redeploying capital into undervalued businesses.

Average Trading Volume: 50,336

Technical Sentiment Signal: Sell

Current Market Cap: C$249.9M

See more data about AIM stock on TipRanks’ Stock Analysis page.

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