The company, which specializes in shorter-duration structured financing, is resetting its buyback strategy as its previous authorization expires this Thursday. Despite having approval to repurchase a similar volume of shares over the past 12 months, the firm did not execute any buybacks during that period.

Timbercreek shares have faced pressure in 2026, declining 4.1% to close at C$6.56. The new normal course issuer bid provides the company with a renewed window to acquire its own stock should management deem the current valuation advantageous for shareholders.