CPKC renews share repurchase program (up to 44.9M shares); board adds Parent, Trafton as vice-chair; dividend $0.228

CANADIAN PACIFIC KANSAS CITY LTD/CN

TSX accepts early renewal of NCIB; CPKC authorized to repurchase up to 44,865,624 common shares (~5% of outstanding) starting Feb 2, 2026.
Quarterly dividend of $0.228 per share declared, payable April 27, 2026 to holders of record March 27, 2026.
Marc Parent (former CAE CEO) appointed to board effective Jan 27, 2026; Gordon Trafton named board vice-chair.
Kate Stevenson nominated for election to board at April 2026 annual meeting.
Prior NCIB terminated after repurchasing 37.3M shares at weighted avg price of $105.53; new NCIB runs to Feb 1, 2027.

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