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ATS Corporation Launches New Share Buyback Program on TSX

Story Highlights
  • ATS Corporation will commence a new normal course issuer bid to repurchase up to 8.2 million shares.
  • The year-long buyback, part of ATS’s capital strategy, follows a prior NCIB with modest repurchases.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ATS Corporation Launches New Share Buyback Program on TSX

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ATS Corporation ( (TSE:ATS) ) has issued an update.

On December 18, 2025, ATS Corporation announced that the Toronto Stock Exchange had accepted its notice of intention to launch a new normal course issuer bid, allowing the company to repurchase for cancellation up to 8,225,621 common shares, or about 10% of its public float of 82,256,213 shares outstanding as of December 10, 2025. The buyback program will run from December 22, 2025, to no later than December 21, 2026, with purchases conducted on the TSX and alternative Canadian trading systems, subject to daily volume limits and possible use of an automatic purchase plan during blackout periods; it follows a prior NCIB under which ATS repurchased and cancelled 308,758 shares over the preceding 12 months at a weighted average price of $32.39. Management positions the NCIB as part of its broader capital structure strategy, arguing that the stock can trade below intrinsic value and that selective buybacks can enhance liquidity and benefit remaining shareholders while complementing the company’s acquisition-led growth plans.

The most recent analyst rating on (TSE:ATS) stock is a Buy with a C$52.00 price target. To see the full list of analyst forecasts on ATS Corporation stock, see the TSE:ATS Stock Forecast page.

Spark’s Take on TSE:ATS Stock

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

ATS Corporation’s overall stock score reflects strong revenue growth and cash flow generation, as highlighted in the earnings call, which are significant positives. However, profitability challenges, as indicated by the negative P/E ratio and net profit margin, weigh heavily on the score. Technical indicators suggest potential resistance, and while corporate events provide positive visibility, they are less impactful on the overall score.

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

More about ATS Corporation

ATS Corporation is an industry-leading provider of automation solutions, supplying custom and repeat automation systems, automation products and related pre-automation and after-sales services to multinational customers. Serving markets including life sciences, transportation, food and beverage, consumer products and energy, the company, founded in 1978, employs about 7,500 people across more than 65 manufacturing facilities and over 85 offices in North America, Europe, Southeast Asia and Oceania, and its shares trade on both the Toronto Stock Exchange and the New York Stock Exchange under the symbol ATS.

Average Trading Volume: 169,712

Technical Sentiment Signal: Hold

Current Market Cap: C$3.76B

For a thorough assessment of ATS stock, go to TipRanks’ Stock Analysis page.

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