HALIFAX, NS, Aug. 7, 2025 /CNW/ - Clarke Inc. ("Clarke" or the "Company") (TSX: CKI) announced today that it has filed a notice with the Toronto Stock Exchange and received its approval to purchase, through the facilities of the Toronto Stock Exchange or any Canadian alternative trading system, up to 682,542 common shares, representing 5% of the total 13,650,857 issued and outstanding common shares as of August 7, 2025 (the "Share Issuer Bid"). From February 1, 2025 to July 31, 2025 the average daily trading volume ("ADTV") of Clarke common shares was 778 common shares. Under TSX Rules, the Company is entitled to purchase up to 25% of the ADTV of the respective class of shares which is 194 common shares. Accordingly, under TSX rules and policies, the Company is entitled on any trading day to purchase up to 1,000 common shares. Any common shares purchased by Clarke pursuant to the Share Issuer Bid will be cancelled.
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