Summary of Issued Share Capital |
The following table presents information concerning issued share capital activity for the year ended March 31, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Subordinate Voting Shares | | Multiple Voting Shares | | | Number of shares | | $ | | Number of shares | | $ | Beginning balance | | 88,141,000 | | | 307,585 | | | 7,274,248 | | | 4,824 | | Shares issued pursuant to vesting of share-based compensation granted on business acquisition | | 622,420 | | | 1,971 | | | — | | | — | | Shares issued in consideration of the XRM Acquisition (note 4) | | 3,449,103 | | | 2,875 | | | — | | | — | | Shares purchased for cancellation | | (205,483) | | | (717) | | | — | | | — | | Shares purchased for settlement of RSUs | | (69,840) | | | (244) | | | — | | | — | | | | | | | | | | | Delivery of shares upon settlement of RSUs | | 69,840 | | | 169 | | | — | | | — | | Issuance of shares upon settlement of PSUs | | 23,812 | | | 222 | | | — | | | — | | Ending balance (a) | | 92,030,852 | | | 311,861 | | | 7,274,248 | | | 4,824 | | | | | | | | | | |
(a) Includes 1,724,553 Subordinate Voting Shares issued as part of the XRM Acquisition subject to forfeitures which are not considered as outstanding as per IFRS. The following table presents information concerning issued share capital activity for the year ended March 31, 2024: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Subordinate Voting Shares | | Multiple Voting Shares | | | Number of shares | | $ | | Number of shares | | $ | Beginning balance | | 87,871,568 | | | 307,110 | | | 7,324,248 | | | 4,857 | | Shares issued pursuant to vesting of share-based compensation granted on business acquisition | | 622,421 | | | 1,924 | | | — | | | — | | Conversion of shares | | 50,000 | | | 33 | | | (50,000) | | | (33) | | Shares purchased for cancellation | | (493,878) | | | (1,724) | | | — | | | — | | Exercise of stock options | | 2,500 | | | 8 | | | — | | | — | | Settlement of DSUs | | 73,682 | | | 201 | | | — | | | — | | Settlement of RSUs | | 14,707 | | | 33 | | | — | | | — | | Ending balance | | 88,141,000 | | | 307,585 | | | 7,274,248 | | | 4,824 | | | | | | | | | | |
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