Parkit Enterprise Inc.·Real Estate

Toronto, Ontario--(Newsfile Corp. - March 23, 2026) - PARKIT ENTERPRISE INC. (TSXV: PKT) ("Parkit" or the "Corporation") is pleased to announce that it has received conditional acceptance from the TSX Venture Exchange ("TSX-V") to renew its Normal Course Issuer Bid ("NCIB") to purchase for cancellation, during the 12-month period starting March 30, 2026, up to 11,501,900 of the outstanding common shares of the Corporation (the "Common Shares"), representing approximately 10% of Parkit's public float (as defined by the TSX-V) as of March 20, 2026.

Parkit's Annual results had a $25 Million Gain on Asset Sales, Strategic Investment in PROREIT and Launched construction on Two 15-Storey Purpose Built Rental Developments Toronto, Ontario--(Newsfile Corp. - March 5, 2026) - Parkit Enterprise Inc. (TSXV: PKT) ("Parkit" or the "Company"), today reported the Company's full year 2025 audited results. Steven Scott, Chair of Parkit, commented: "Parkit achieved 8% same property NOI growth and 29% FFO growth while executing on a disciplined capital allocation strategy.

Parkit Enterprise Inc. (OTCMKTS:PKTEF - Get Free Report)'s share price rose 7.4% during trading on Wednesday. The stock traded as high as C$0.45 and last traded at C$0.45. Approximately 32,068 shares were traded during trading, an increase of 54% from the average daily volume of 20,872 shares. The stock had previously closed at C$0.42.
Parkit Enterprise Inc. is a real estate investment firm specializing in acquisition and operation of income-producing parking facilities. The firm seeks to invest in the United States. Parkit Enterprise Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada.
Real Estate
Real Estate - Services
4
2010-02-16
0.93