RB Global, Inc. (NYSE:RBA) (TSX:RBA) (the "Company" or "RB Global") announced today that it has obtained the approval of the Toronto Stock Exchange (the "TSX") to commence a normal course issuer bid ("NCIB").

NCIB Details

The NCIB will commence on March 18, 2026 and will terminate on March 17, 2027 or on such earlier date as the Company may complete its purchases thereunder or as it may otherwise determine. Under the NCIB, the Company may purchase up to the lesser of 10,000,000 common shares (such amount representing approximately 7% of the total public float of the Company as of March 6, 2026) and that number of common shares worth an aggregate of US$500 million. Furthermore, subject to certain exemptions for block purchases, the maximum number of its common shares that the Company may purchase on any one trading day on the TSX is 75,349 common shares, such amount representing 25% of the average daily trading volume of the common shares of the Company on the TSX alone for the six calendar months ended February 28, 2026.

As of March 6, 2026, 185,924,928 common shares of the Company were issued and outstanding and the total public float of the Company was 142,241,292 common shares. All common shares of the Company purchased under the new NCIB will be cancelled.

The Company believes that the repurchase of its common shares at certain market prices may be an attractive and appropriate use of the Company's funds.

The Company's common shares under the NCIB may be purchased through an automatic repurchase plan (the "Purchase Plan"). Under the Purchase Plan, the Company's broker may repurchase shares under the NCIB at any time including, without limitation, when the Company would ordinarily not be permitted to do so due to regulatory restrictions or self-imposed blackout periods. Purchases will be made by the Company's broker based upon the parameters prescribed by the TSX, applicable Canadian and U.S. securities laws and the terms of the parties' written agreement.