Altus Group Completes C$162.8 Million Share Buyback, Retires 6.6% of Outstanding Stock

Altus Group ( (TSE:AIF) ) has issued an update.

Altus Group has completed its substantial issuer bid, repurchasing and cancelling 2,855,696 common shares at C$57.00 per share for a total of approximately C$162.77 million, representing about 6.61% of its issued and outstanding shares as of early January 2026. Following the transaction, the company will have roughly 40.37 million shares outstanding, with all validly tendered shares accepted and no proration required, signaling a significant return of capital to shareholders and a potentially more efficient capital structure; the firm also outlined the Canadian tax treatment of the transaction, including the deemed dividend component, which has implications for investors’ after-tax returns.

The most recent analyst rating on (TSE:AIF) stock is a Buy with a C$67.00 price target. To see the full list of analyst forecasts on Altus Group stock, see the TSE:AIF Stock Forecast page.

Spark’s Take on TSE:AIF Stock

According to Spark, TipRanks’ AI Analyst, TSE:AIF is a Neutral.

Altus Group’s overall stock score reflects strong financial performance and positive earnings call highlights, tempered by valuation concerns and mixed technical indicators. The company’s robust revenue growth and profitability are significant strengths, but leadership changes and revised guidance present challenges.

To see Spark’s full report on TSE:AIF stock, click here.

More about Altus Group

Altus Group Limited is a Toronto-based provider of commercial real estate intelligence, offering data, analytics and advisory services to the CRE sector. The company focuses on delivering insights that help investors, owners, and other market participants make informed decisions across global real estate markets.

Average Trading Volume: 208,787

Technical Sentiment Signal: Buy

Current Market Cap: C$2.45B

Learn more about AIF stock on TipRanks’ Stock Analysis page.