Dollarama Normal Course Issuer Bid and Dividend During Fiscal 2024, 7,125,730 common shares were repurchased for cancellation at a weighted average price of $92.04 per share, for a total cash consideration of $655.9 million, under the Corporation's 20232024 normal course issuer bid and the normal course issuer bid previously in effect.
On April 4, 2024, the Corporation announced that its board of directors approved a 29.9% increase of the quarterly cash dividend for holders of common shares, from $0.0708 to $0.0920 per common share. This dividend is payable on May 3, 2024 to shareholders of record at the close of business on April 19, 2024. The dividend is designated as an "eligible dividend" for Canadian tax purposes.