Docebo Inc. Announces Substantial Issuer Bid, Preliminary Unaudited Second Quarter 2026 Financial Results, Initial Q3-2026 and Revised FY2026 Guidance
Docebo Inc. (NASDAQ: DCBO; TSX: DCBO) (“Docebo” or the “Company”), the Enterprise Platform for the AI-era workforce, unifying skills intelligence, learning, and knowledge in one closed loop, announced that its board of directors (the “Board”) has approved a substantial issuer bid (the “Offer”) under which the Company will offer to repurchase for cancellation up to US$70,000,000 of its outstanding common shares (“Common Shares”) at a price of US$20.40 per Common Share. In connection with the Offer, Docebo also announced preliminary (unaudited) financial results for the three months ended June 30, 2026 and financial guidance for Q3-2026 ending September 30, 2026 and the fiscal year ended December 31, 2026. As previously announced, the Company expects to report its full Q2-2026 financial results before the market opens on Friday, August 7, 2026.
Substantial Issuer Bid
The Offer will not be conditional upon any minimum number of Common Shares being tendered. The Offer will, however, be subject to other conditions and the Company will reserve the right, subject to applicable laws, to withdraw or amend the Offer, if, at any time prior to the expiration of the Offer, certain events occur. If Common Shares with an aggregate purchase price of more than US$70,000,000 are properly tendered and not properly withdrawn, the Company will purchase the Common Shares on a pro rata basis except that “odd lot” tenders (of holders beneficially owning fewer than 100 Common Shares) will not be subject to pro-ration.
