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Alithya Group ( (TSE:ALYA) ) has shared an update.
On September 10, 2025, Alithya Group Inc. announced that the Toronto Stock Exchange has accepted its intention to implement a normal course issuer bid (NCIB) program. This share buyback initiative is part of Alithya’s strategy to enhance shareholder value, optimize capital deployment, and support growth and debt reduction. The program allows the company to repurchase up to 5,939,183 Class A Shares, representing 10% of its public float, with purchases commencing on September 12, 2025. The move reflects Alithya’s confidence in its intrinsic value and future growth prospects, aiming to create sustainable, long-term value for its shareholders.
The most recent analyst rating on (TSE:ALYA) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Alithya Group stock, see the TSE:ALYA Stock Forecast page.
Spark’s Take on TSE:ALYA Stock
According to Spark, TipRanks’ AI Analyst, TSE:ALYA is a Neutral.
Alithya Group’s overall stock score is driven by strong revenue growth and operational improvements in the U.S. market, as highlighted in the earnings call. However, the stock’s bearish technical indicators and high P/E ratio suggest caution. The company’s financial performance shows potential but is hindered by low profitability and cash flow challenges.
To see Spark’s full report on TSE:ALYA stock, click here.
More about Alithya Group
Alithya Group Inc. is a leader in strategy and digital transformation, providing strategic consulting and digital transformation services. The company leverages AI and the latest technologies to solve business challenges, helping clients unlock new opportunities, modernize processes, and gain efficiencies. Alithya employs a global delivery network to provide end-to-end solutions.
Average Trading Volume: 104,772
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$164M
See more data about ALYA stock on TipRanks’ Stock Analysis page.