Imperial Oil renews NCIB to repurchase up to 5% of shares over next 12 months

IMPERIAL OIL LTD

NCIB allows repurchase of up to 25,452,248 shares (5% of 509,044,963 outstanding) from June 29, 2025 to June 28, 2026.
ExxonMobil to sell shares to maintain ~69.6% ownership; prior NCIB bought 26.8M shares at avg $100.06.
Daily open-market purchase limit set at 217,077 shares (25% of 6-month avg daily volume of 868,310).
Automatic share purchase plan established for purchases during blackout periods.
Buyback reflects company's priority to return cash to shareholders citing balance sheet strength and strong cash generation.

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