Toronto, Ontario--(Newsfile Corp. - February 26, 2026) - TMX Group, (TSX: X) the global exchange leader in mining, is a proud sponsor of the Prospectors and Developers Association of Canada's (PDAC) International Convention, taking place from March 1-4 in Toronto. "As the global exchange leader for mining, home to nearly 50% of the world's public mining companies, Toronto Stock Exchange and TSX Venture Exchange are proud to support PDAC 2026, the industry's premier event," said Loui Anastasopoulos, CEO of ...

Toronto, Ontario--(Newsfile Corp. - February 24, 2026) - TMX Group Limited (TSX: X) ("TMX Group") announced today that its normal course issuer bid ("NCIB") has been accepted by Toronto Stock Exchange ("TSX").Under the NCIB, TMX Group may purchase up to 2,800,000 of its common shares by way of normal course purchases on Toronto Stock Exchange, representing approximately 1% of the 278,232,220 common shares outstanding on February 20, 2026. The maximum number of shares that can be purchased on the same tradi ...

Market Overview - The S&P 500 decreased by 1.4% and the DOW by 1.1%, marking the worst week of 2026, with the tech-heavy NASDAQ down 2.3% due to policy chaos from the administration [1] - The market is experiencing volatility as the administration's tariff policies shift, impacting investor sentiment and market stability [1][11] Tariff Policy Changes - The Trump administration is considering rolling back steel and aluminum tariffs due to inflation concerns, which have moderated to 2.4% in January after a year of price fluctuations caused by these tariffs [2][3] - Shares of United States Steel Corp (X) fell by 3.4% and Alcoa (AA) by 2.8% in pre-market trading as renewed foreign competition becomes a possibility [2] Deregulation Efforts - The administration repealed the EPA's "Endangerment Finding," which was crucial for regulating greenhouse gases, benefiting the traditional energy sector but creating confusion for the auto industry [6][7] - Ford (F) and General Motors (GM) saw modest gains of 0.5% and 0.2% respectively, but the long-term implications of this deregulation remain uncertain as global markets move towards electric vehicles [6][8] Trade Deals and Global Relations - Recent trade announcements include a new framework with India, tariff reductions with Taiwan, and a deal with the U.K., but market reactions have been muted due to skepticism about the effectiveness of these frameworks [9][10] - The iShares MSCI Taiwan ETF saw a small increase of 0.9%, but concerns about a potential visit to China by the President may limit market optimism [10] Conclusion on Market Sentiment - The major indices are down, with the S&P 500 experiencing a 2.1% decline for the week, reflecting market uncertainty regarding the administration's policy changes [11] - Investors are left questioning the logic behind rolling back tariffs to combat inflation that the tariffs themselves helped create, highlighting the unpredictable nature of current market conditions [12]

Company Overview - Applied Energetics is recognized for its cutting-edge developments in the defense sector [2][3] - The company is led by CEO Chris Donaghey, who is set to provide insights into the company's recent activities and future plans [2][3] Recent Developments - A presentation will outline the company's achievements over the past year and its strategic plans leading up to 2026 [3] Audience Engagement - The event encourages audience participation through a Q&A session, allowing for direct interaction with the company's leadership [1][2]

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Core Insights - TMX Group reported a significant decline in financing activity on the Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) for January 2026, with total financings raised decreasing by 75% compared to December 2025 and down 9% compared to January 2025 [2][4]. TSX Summary - In January 2026, TSX welcomed 23 new issuers, a decrease from 84 in December 2025 and similar to 24 in January 2025 [2][5]. - Total financings raised amounted to $738.2 million, a sharp decline from $3 billion in December 2025 and down from $815 million in January 2025 [5]. - The number of financings was 40, slightly up from 37 in December 2025 but down from 43 in January 2025 [5][6]. - The market capitalization of listed issues was approximately $6.36 trillion in January 2026, compared to $6.28 trillion in December 2025 and $5.06 trillion in January 2025, reflecting a year-over-year increase of 25.8% [6]. TSXV Summary - TSXV had one new issuer in January 2026, down from two in December 2025 and none in January 2025 [4][7]. - Total financings raised were $870.8 million, a decrease from $1.57 billion in December 2025 but an increase of 63.1% compared to $533.8 million in January 2025 [7][8]. - The total number of financings was 158, up from 123 in December 2025 and 107 in January 2025, indicating a 47.7% increase year-over-year [9]. Year-to-Date Statistics - For 2026, TSX has listed 23 new issuers, a slight decrease of 4.2% from 24 in 2025 [6]. - IPO financings raised on TSX were $49.6 million, a significant drop of 81.8% from $272.4 million in 2025 [6]. - Secondary financings raised on TSXV reached $249.6 million, a remarkable increase of 898.7% from $24.99 million in 2025 [8].

Group 1 - The presentation features Alex Kramm from UBS Investment Bank, who is a senior research analyst covering U.S. exchanges and business services companies [1] - TMX Group's CEO, John McKenzie, is providing an update on the company's activities, particularly its growth in the U.S. market [2] - The discussion highlights the significant transitions TMX Group has undergone over the past few years and its key growth targets and objectives [2]

Core Insights - TMX Group Limited reported significant increases in trading statistics for January 2026 across its marketplaces, indicating robust market activity and growth compared to previous periods [1][2]. Trading Volume and Value - Total trading volume in January 2026 reached approximately 19.82 billion, up from 16.24 billion in December 2025 and 11.70 billion in January 2025, marking a year-over-year increase of 69.3% [2][4]. - The total trading value for January 2026 was approximately $433.21 billion, compared to $382.01 billion in December 2025 and $286.63 billion in January 2025, reflecting a 51.1% increase year-over-year [2][4]. Transaction Statistics - The number of transactions in January 2026 was 35.67 million, a significant rise from 26.92 million in December 2025 and 23.23 million in January 2025, representing a 53.6% increase year-over-year [2][4]. Daily Averages - Daily average trading volume for January 2026 was approximately 943.8 million, compared to 792.3 million in December 2025 and 532.0 million in January 2025, showing a 77.4% increase year-over-year [3][5]. - Daily average trading value was approximately $20.63 billion in January 2026, up from $18.63 billion in December 2025 and $13.03 billion in January 2025, indicating a 58.3% increase year-over-year [3][5]. Toronto Stock Exchange Performance - The Toronto Stock Exchange recorded a trading volume of approximately 10.66 billion in January 2026, up from 9.49 billion in December 2025 and 7.26 billion in January 2025, reflecting a 46.8% increase year-over-year [6][8]. - The trading value for the Toronto Stock Exchange in January 2026 was approximately $401.72 billion, compared to $360.29 billion in December 2025 and $263.19 billion in January 2025, marking a 52.6% increase year-over-year [6][8]. TSX Venture Exchange Highlights - The TSX Venture Exchange saw a trading volume of approximately 7.35 billion in January 2026, significantly up from 5.36 billion in December 2025 and 3.18 billion in January 2025, representing a 131.3% increase year-over-year [10][12]. - The trading value for the TSX Venture Exchange was approximately $7.26 billion in January 2026, compared to $4.41 billion in December 2025 and $1.55 billion in January 2025, reflecting a remarkable 368.9% increase year-over-year [10][12]. TSX Alpha Exchange Insights - The TSX Alpha Exchange reported a trading volume of approximately 1.77 billion in January 2026, up from 1.36 billion in December 2025 and 1.24 billion in January 2025, indicating a 43.0% increase year-over-year [14][16]. - The trading value for the TSX Alpha Exchange was approximately $23.29 billion in January 2026, compared to $16.59 billion in December 2025 and $21.06 billion in January 2025, showing a 10.6% increase year-over-year [14][16]. Montreal Exchange Derivatives Statistics - The Montreal Exchange reported a derivatives volume of 17.66 million contracts in January 2026, down from 19.93 million contracts in December 2025, reflecting a 5.7% decrease year-over-year [23][24]. - Open interest in contracts was 31.15 million in January 2026, compared to 25.75 million in January 2025, indicating a 21.0% increase year-over-year [23][24].

Core Points - TMX Group Limited declared a dividend of $0.24 per common share, marking a 9% increase from the previous dividend of $0.22 [1][2] - This is the fourth dividend increase in two years, reflecting the company's strong business model and commitment to shareholder value [2] - The dividend is payable on March 6, 2026, to shareholders of record as of February 20, 2026 [1] Company Overview - TMX Group operates global markets and provides various services including listing markets, trading markets, clearing facilities, and technology solutions [4] - Key operations include the Toronto Stock Exchange, TSX Venture Exchange, and other financial services across North America and international markets [4] - The company is headquartered in Toronto and has offices in major cities including Montréal, Calgary, Vancouver, New York, London, Singapore, and Vienna [4]

Core Insights - TMX Group reported strong financial performance for Q4 2025, with record revenue of $457.8 million, a 16% increase from $393.3 million in Q4 2024, and a 20% increase in operating income for the year [1][11][12] - The company experienced a 13% increase in organic revenue and a resurgence in financing activity, contributing to double-digit revenue growth across all segments [1][12] - TMX Group announced a 9% increase in its quarterly dividend, reflecting its commitment to delivering value to shareholders [1][12] Financial Performance - Revenue for Q4 2025 was $457.8 million, up $64.5 million or 16% from Q4 2024 [10][20] - Operating expenses increased by 19% to $252.1 million, driven by various factors including higher headcount and integration costs related to recent acquisitions [10][40] - Net income attributable to equity holders decreased by 28% to $115.2 million, primarily due to foreign exchange losses compared to gains in the previous year [13][47] Revenue Breakdown - Derivatives Trading and Clearing revenue increased by 27%, driven by higher rates per contract and a 10% increase in trading volumes [14][25] - Capital Formation revenue rose by 13%, reflecting higher additional listings and initial listing fees [22][20] - Global Insights revenue grew by 16%, with significant contributions from TMX VettaFi and TMX Datalinx [30][36] Earnings Per Share - Basic and diluted earnings per share for Q4 2025 were $0.41, down 29% from $0.58 in Q4 2024, largely due to foreign exchange losses [11][19] - Adjusted diluted earnings per share increased by 22% to $0.60, reflecting improved operational income [11][19] Operating Expenses - Compensation and benefits expenses rose by 16% to $117.8 million, influenced by costs related to recent acquisitions [40][43] - Selling, general, and administrative expenses surged by 46% to $53.1 million, reflecting increased operational activities [40][46] - Depreciation and amortization expenses increased by 12% to $47.0 million, driven by ongoing projects [40][46] Market Activity - The overall volume of securities traded on TMX's equities marketplaces increased by 38%, with notable growth on TSX and TSXV [32] - TMX's market share in domestic equities trading remained stable at approximately 61% [32] Dividend Announcement - TMX Group's Board approved a dividend increase of $0.02 to $0.24 per common share, marking the fourth increase in two years [12][21]