Ovintiv renews buyback for up to 26.97M shares, 10% of float, through Oct 4, 2027

Ovintiv Inc.

TSX accepted NCIB renewal for up to 26,973,037 common shares, 10% of public float as of Sept 21, 2026; program runs Oct 5, 2026 to Oct 4, 2027.
Under the prior NCIB, Ovintiv bought 13,925,579 shares as of Sept 30, 2026 at a weighted average US$58.49; Q3 2026 purchases were 6,332,551 shares at US$60.90.
Daily TSX purchases capped at 54,135 shares; six-month average daily TSX volume through Aug 31, 2026 was 216,540 shares, with block purchase exceptions.
Automatic share purchase plan renewed and pre-cleared by the TSX, permitting buys during blackout periods; acquired shares may be cancelled or returned to treasury.
Capital allocation framework targets returning 50%-100% of annual Non-GAAP Free Cash Flow to shareholders; 2026 commitment is at least 60%.

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