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Powered by Benchmark Dominion Lending Centres Announces Block Share Repurchase - Matribhumi Samachar English
Friday, December 26 2025 | 06:50:52 PM
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Dominion Lending Centres Announces Block Share Repurchase

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Vancouver, British Columbia–(Newsfile Corp. – September 10, 2025) – Dominion Lending Centres Inc. (TSX: DLCG) (“DLC Group” or the “Corporation”), one of Canada’s leading franchisors of mortgage professionals and owner of Newton Connectivity Systems, is pleased to announce that it has purchased 709,247 class “A” common shares of the Corporation for a purchase price of $6,205,911 (being $8.75 per share). The shares were acquired for cancellation from a former employee pursuant to Section 4.7 of National Instrument 62-104 Take-Over Bids and Issuer Bids.

“We are pleased to have the opportunity to purchase a sizable block of shares for cancellation. This transaction aligns with our capital allocation strategy and represents a unique opportunity to create value for our shareholders. As we move forward, we remain focused on the growth of our business while at the same time prudently returning capital to shareholders through both dividends and share buybacks,” commented Gary Mauris, Chairman and CEO of DLC Group.

About Dominion Lending Centres Inc.

Dominion Lending Centres Inc. is one of Canada’s leading networks of mortgage professionals. DLCG operates through Dominion Lending Centres Inc. and its three main subsidiaries, MCC Mortgage Centre Canada Inc., MA Mortgage Architects Inc. and Newton Connectivity Systems Inc., and has operations across Canada. DLCG extensive network includes over 8,500 mortgage professionals and over 500 franchises. Headquartered in British Columbia, DLC was founded in 2006 by Gary Mauris and Chris Kayat.

Investor Contact:

  Eddy Cocciollo
President
647-403-7320
[email protected]
James Bell
EVP, Corporate and Chief Legal Officer
403-560-0821
[email protected]

 

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265946

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