ZTEST Electronics Inc. to Initiate Normal Course Issuer Bid

ZTEST Electronics Inc. has announced plans for a normal course issuer bid (NCIB) through the Canadian Securities Exchange. The company aims to purchase up to 3,129,311 common shares, representing 10% of the public float, over a year from April 24, 2026, to April 23, 2027. Share buybacks will occur at market prices using available cash. The NCIB is part of a strategy to enhance long-term shareholder value, reflecting ZTEST's belief that current share prices undervalue its business.

The exact number of shares purchased will depend on market conditions and other factors. ZTEST has appointed Integral Wealth Securities Ltd. as its broker. Shares acquired through the NCIB will be canceled. The company had previously repurchased 428,500 shares at $0.227 each in a prior NCIB.