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Royal Bank of Canada to repurchase up to 45 million of its common shares

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TORONTO, June 10, 2026 /CNW/ – Royal Bank of Canada (the Bank) (TSX: RY) (NYSE: RY) today announced that the Toronto Stock Exchange (TSX) and the Office of the Superintendent of Financial Institutions (OSFI) have approved its normal course issuer bid to purchase, for cancellation, up to 45 million of its common shares.

Purchases under the normal course issuer bid may commence on June 12, 2026 and continue until June 11, 2027, when the bid expires, or such earlier date as the Bank may complete its purchases pursuant to the notice of intention filed with the TSX. Purchases may be made through the facilities of the TSX, the New York Stock Exchange and other designated exchanges and alternative Canadian trading systems. The price paid for any such repurchased shares will be the prevailing market price at the time of acquisition.

The maximum number of shares that may be repurchased for cancellation represents approximately 3.24% of the 1,389,738,870 common shares issued and outstanding as at May 29, 2026. The amount of purchases on the TSX on any given day will not exceed 886,352 common shares, which is 25% of the average daily trading volume on the TSX for the six months ending May 29, 2026. The average daily trading volume of the Bank’s shares on the TSX for that six-month period, calculated in accordance with the rules of the TSX for the purposes of the bid, was 3,545,411 shares.

The normal course issuer bid will give the Bank flexibility to manage its capital position while generating shareholder value.

The Bank will establish an automatic share purchase plan on June 12, 2026, under which its broker, RBC Dominion Securities Inc., may periodically purchase its common shares pursuant to the bid within a defined set of criteria. The actual number of common shares purchased under the automatic share purchase plan, the timing of purchases, and the price at which the common shares are bought will depend upon future market conditions.

The Bank’s previous normal course issuer bid for the purchase of 35 million shares commenced on June 12, 2025 and expires on June 11, 2026. As of closing on May 29, 2026, the Bank repurchased 19,168,210 shares under such bid at a volume weighted average price of approximately $215.85 per share. Purchases were made on the open market through the facilities of the TSX, the New York Stock Exchange and/or other designated exchanges and alternative Canadian trading systems.

Caution regarding forward-looking statements

This press release contains forward-looking statements within the meaning of certain securities laws, including the “safe harbour” provisions of the United States Private Securities Litigation Reform Act of 1995 and any applicable Canadian securities legislation, with respect to the Bank’s beliefs, plans, expectations and estimates. Forward-looking statements in this press release may include, but are not limited to, statements with respect to the Bank’s normal course issuer bid. Forward-looking statements are typically identified by words such as “believe”, “expect”, “suggest”, “seek”, “foresee”, “forecast”, “schedule”, “anticipate”, “intend”, “estimate”, “goal”, “commit”, “target”, “objective”, “plan”, “outlook”, “timeline” and “project” and similar expressions of future or conditional verbs such as “will”, “may”, “might”, “should”, “could”, “can”, “would” or negative or grammatical variations thereof.

By their very nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties, both general and specific in nature, which give rise to the possibility that our predictions, forecasts, projections, expectations or conclusions will not prove to be accurate, that our assumptions may not be correct, that the strategic goals and financial performance and other objectives outlined in our forward-looking statements, including statements about the Bank’s proposed normal course issuer bid, will not be achieved and that our actual results may differ materially from such predictions, forecasts, projections, expectations or conclusions.

We caution readers not to place undue reliance on our forward-looking statements as a number of risk factors could cause our actual results to differ materially from the expectations expressed in such forward-looking statements. These factors – many of which are beyond our control and the effects of which can be difficult to predict – include, but are not limited to: business and economic conditions in the geographic regions in which we operate, Canadian housing and household indebtedness, information technology, cyber and third-party risks, geopolitical uncertainty (including risks associated with the conflict in the Middle East), environmental and social risk, digital disruption and innovation, privacy and data related risks, regulatory changes, culture and conduct risks, credit, market, liquidity and funding, insurance, operational, compliance, reputation and strategic risks, other risks discussed in the risk sections of our 2025 Annual Report and the Risk management section of our Q2 2026 Report to Shareholders, including legal and regulatory environment risk, the effects of changes in government fiscal, monetary and other policies and tax risk and transparency, risks associated with escalating trade tensions, including protectionist trade policies such as the imposition of tariffs, risks associated with the adoption of emerging technologies, such as cloud computing, artificial intelligence (AI), including generative AI, and robotics, fraud risk and our ability to anticipate and successfully manage risks arising from all of the foregoing factors. Additional factors that could cause actual results to differ materially from the expectations in such forward-looking statements can be found in the risk sections of our 2025 Annual Report and the Risk management section of our Q2 2026 Report to Shareholders, as may be updated by subsequent quarterly reports.

We caution that the foregoing list of risk factors is not exhaustive and other factors could also adversely affect our results. When relying on our forward-looking statements to make decisions with respect to us, investors and others should carefully consider the foregoing factors and other uncertainties and potential events, as well as the inherent uncertainty of forward-looking statements. Material economic assumptions underlying the forward-looking statements contained in this press release are set out in the Economic, market and regulatory review and outlook section and for each business segment under the Strategic priorities and Outlook headings in our

2025 Annual Report, as updated by the Economic, market and regulatory review and outlook section of our Q2 2026 Report to Shareholders. Such sections may be updated by subsequent quarterly reports.

Any forward-looking statements contained in this press release represent the views of the Bank only as of the date hereof, and except as required by law, the Bank does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by us or on our behalf.

Investor Contact:
Asim Imran, Investor Relations, 416-955-7804

Media Contact:
Gillian McArdle, Financial Communications, 416-842-4231

SOURCE Royal Bank of Canada

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Centric Confirmed as Dassault Systèmes’ PLM Standard for Consumer Goods & Retail (CPGR)

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CAMPBELL, Calif., June 10, 2026 /PRNewswire/ — Centric Software® is pleased to announce that its parent company, Dassault Systèmes, endorses Centric PLM as the preferred solution for Consumer Packaged Goods & Retail (CPGR). Centric Software delivers innovative, integrated, end-to-end AI-powered enterprise solutions to take products from concept to commercialization.

Dassault Systèmes’ Centric brand delivers integrated, AI-powered enterprise solutions in the fashion, luxury, footwear, outdoor, home, consumer electronics, food, beverage, cosmetics, personal care and multi-category retail sectors. More than 2,900 customers worldwide in more than 65 countries use Centric solutions to plan, design, develop, source, comply, buy, make, price, allocate, assort, sell and replenish products to achieve strategic and operational digital transformation goals. Customers include LVMH, Carrefour, Walmart, The Magnum Ice Cream Company, JM Smucker, RITUALS, Robertet, The Body Shop, Hugo Boss, Levi Strauss & Co. and Tsingtao Brewery Co, Ltd.

In the past five years, Centric Software’s customer base in the Consumer Packaged Goods & Retail industry has gained substantial traction with a growth rate of 120%, gaining approximately 100 customers across the globe. This cements its presence as a major player in this arena due to solving industry-specific imperatives unique to CPG. More explicitly, Centric PLM:

Streamlines compliance with evolving domestic and global regulations, improving traceability for ingredients and materials, strengthening audit readiness and reducing the risk of recalls or market withdrawal.Accelerates time to market to capture fast-moving consumer trends, reducing cycle time for reformulations, packaging updates and product launches across channels.Improves margin control—important for cost-sensitive categories like food & beverage—by increasing visibility into raw material costs, supplier pricing and formula yield to protect profitability.Enables faster innovation in an extremely competitive market, improving cross-functional collaboration among R&D, quality, packaging and procurement to accelerate new product development.Manage formulations, ingredients and nutrition and regulatory calculations alongside BOMs and specifications, ensuring accurate allergen management, consistent labeling and faster approval workflows.

Centric Software customers have seen up to: 38% faster product development cycles,
10% revenue increase from new products, 90% reduction in regulatory analysis time and 50% reduction in product costing process time.

From global luxury maisons to fast-moving consumer brands, industry leaders rely on Centric solutions to uphold the highest standards while accelerating innovation and support the joint Dassault Systèmes-Centric Software strategy.

“In the luxury sector, operational excellence, transparency and end-to-end traceability are imperatives throughout the entire product development lifecycle. Centric PLM strategically unifies creative, technical and operational teams on a singular, high-performance platform, thereby ensuring the highest standards of consistency across the entire value chain. In an increasingly complex landscape, shaped by significant business shifts and major technological disruptions, developing, maintaining and continuously enhancing a PLM platform for the luxury industry represents a critical and far-reaching challenge. We are confident that this alignment with Dassault Systèmes reinforces Centric Software’s position to manage this technological transformation effectively.”
               –  Franck Le Moal, LVMH Group IT & Technology Director, LVMH

“As a fast-growing rising force in the global color cosmetics industry, SHEGLAM scales across multiple channels. Centric PXM builds a critical product data foundation for our digital operations and enables flexible adaptation to complex business scenarios. Rooted in a professional collaboration experience, we place full trust in Centric’s solutions. We also anticipate deep synergy between Dassault Systèmes and Centric—this synergy will deliver targeted digital enablement for cosmetics enterprises and fuel our sustained, steady growth.”
               –  Zhou Jinjian, Head of Digitalization, SHEGLAM

“By selecting Centric PLM, we’re positioning ourselves to streamline product development and enable more agile, enterprise-wide decision-making in response to evolving consumer demands. We expect to improve innovation planning and drive efficiency while maintaining greater control to support sustainable growth.”
               –  JM Smucker

“With Centric PLM, we centralized and integrated our global product data as ‘Single Source of Truth’, improved the operational efficiency of the new product development process, continuously enhanced our product differentiation advantages and ensured Regulatory compliance and high quality. Over the past years, H&H Group has steadily advanced and expanded its digital transformation. We look forward to the close collaboration between Dassault Systèmes and Centric PLM, which will provide more comprehensive digital support.”
               –  H&H Group

“Increasing product complexity and evolving regulations push us to continuously elevate innovation and operational excellence. Centric PLM provides the visibility and alignment we need from strategy through commercialization, and Dassault Systèmes’ endorsement reinforces the platform’s strategic strength for our industry.”
               –  Mauro Maccagnani, Group Chief Information Technology Officer, Intercos Group.

“The Generative Economy demands holistic innovation. While other companies offer point solutions, Dassault Systèmes addresses the whole picture – transforming scattered signals into coherent decisions at an enterprise scale,” said Elisa Prisner, Executive Vice President, Strategy, Industry, Marketing and Transformation, Dassault Systèmes. “Consumer goods companies shouldn’t have to choose between speed and safety, innovation and compliance, consumer appeal and industrial reality. We are positioning Centric as the strategic PLM solution for the connected consumer goods enterprise, integrating product portfolio management with research, development and manufacturing.”

Fabrice Canonge, CEO of Centric Software says, “We are thrilled and grateful for the adoption of Centric as the PLM Leader in the CPG & Retail sectors. Major retail, food & beverage and cosmetics & personal care companies have successfully embraced Centric Software solutions that are uniquely tailored to serve these demanding verticals. We are excited to empower even more brands and retailers to accelerate innovation, planning, product development, compliance and sourcing.”

For more information or to request a personalized demo of Centric PLM for food & beverage, cosmetics & personal care or grocery, click below to learn how to boost efficiency, reduce time to market and improve profitability,

Learn more about Centric Software
Request a Demo

Centric Software® (www.centricsoftware.com)

From its headquarters in Silicon Valley, Centric Software provides the market-leading AI-enabled product lifecycle management platform for food & beverage manufacturers, grocery, brands and multi-category retailers. As experts in all fast-moving consumer goods, Centric Software delivers best-of-breed solutions to design, develop, source, comply, buy, make, package, assort and sell products. Centric Software solutions optimize the product portfolio, harmonize product offers and streamline product development by speeding time to market and innovation while enhancing quality control and ensuring regulatory compliance.

Centric PLM™, the leading PLM solution for fashion, outdoor, footwear and private label, optimizes product execution from ideation to development, sourcing and manufacture, realizing up to 50% improvement in productivity and a 60% decrease in time to market.

Centric Planning™ is an innovative, cloud-native, AI solution delivering end-to-end planning capabilities to maximize retail and wholesale business performance, including SKU optimization, resulting in an up to 110% increase in margins.

Centric Pricing & Inventory™ leverages AI to drive margins and boost revenues by up to 18% via price and inventory optimization from pre-season to in-season to season completion.

Centric Market Intelligence™ is an AI-driven platform delivering insights into consumer trends, competitor offers and pricing to boost competitively and get closer to the consumer, driving up to a 12% increase in average initial price point.
 Centric Visual Boards™ pivot actionable data in a visual-first orientation to ensure robust, consumer-right assortments and product offers, dramatically decreasing assortment development cycle time. 

Centric PXM™, AI-powered product experience management (PXM) encompasses PIM, DAM, content syndication and digital shelf analytics (DSA) to optimize the product commercialization lifecycle resulting in a transformed brand experience. Increase sales channels, boost sell through and drive margins.

Centric Software’s market-driven solutions have the highest user adoption rate, customer satisfaction rate and fastest time to value in the industry. Centric Software has received multiple industry awards and recognition, appearing regularly in world-leading analyst reports and research.

Centric Software is a subsidiary of Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA), the world leader in 3D design software, 3D digital mock-up and PLM solutions.

About Dassault Systèmes
Dassault Systèmes is a catalyst for human progress. Since 1981, the company has pioneered virtual worlds to improve real life for consumers, patients and citizens. Through the 3DEXPERIENCE platform, AI-powered, science-based virtual twins help 390,000 customers of all sizes, in all industries, collaborate, imagine and create sustainable innovations that drive meaningful impact. For more information, visit: www.3ds.com

Centric Software is a registered trademark of Centric Software, Inc. in the US and other countries. Centric PLM, Centric Planning, Centric Pricing & Inventory, Centric Market Intelligence, Centric Visual Boards, Centric PXM, Centric PIM, Centric DAM, Centric Shoppingfeed® and Centric DSA (including Centric Digital Shelf Analytics) are trademarks of Centric Software, Inc. All third-party trademarks are trademarks of their respective owners. 

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SOURCE Centric Software

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Robot.com Brings Autonomous Robot Fleet to Cannes as Official Robotics Innovation Partner for PMG’s AI & Tech Sandbox

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Live demos and a curated founder session highlight robotics in advertising as the world’s top brand marketers set the direction of the entire industry

SAN FRANCISCO, June 10, 2026 /PRNewswire/ — Robot.com, the company putting robots to work in the real world, today announced it will be the official Robotics Innovation Partner for PMG’s AI & Tech Sandbox, a curated activation in Cannes, France, running from June 22-26, 2026. The five-day live activation will feature a full deployment of Robot.com’s fleet, including the industry-proven R-kiwi, several new form factors, and its newly launched version of R-ads, the industry-leading mobile out-of-home advertising platform that enables brands to run mobile, data-driven campaigns through a fleet of autonomous robots.

Agency CEOs, global brand CMOs, media buyers, and creative directors will get an exclusive look at Robot.com’s offerings in the Innovation Gallery with displays and interactive demos, plus a sneak peek at yet-to-be-announced products.

Robot.com Co-Founder and President of Robotic Media Judah Longgrear will be featured as part of the AI & Tech Sandbox’s interactive talks that speak towards real-world, actionable AI & technology applications and strategies. His curated founder session on June 23 from 4:15–5:00 PM (CEST) features a conversation on storytelling, authenticity, robotics, and why brand narrative may be becoming the last real competitive moat.

“The AI & Tech Sandbox is built around a simple but rare idea: don’t talk about the future — build it. That’s exactly how Robot.com operates,” said Longgrear. “We’re not pitching a roadmap or asking anyone to imagine what robots might do for advertising in five years. We’re deploying a full fleet during the world’s most-watched week in advertising, running live demos, and showing the people who set the industry’s direction what’s already possible. The time to start layering robots into campaigns isn’t coming. It’s already here.”

PMG, known for its analytical rigor and ability to drive business impact for brands around the globe, built the AI & Tech Sandbox as a place for Cannes attendees to engage with transformative technology, not just hear about it. Bringing Robot.com into that space furthers that goal by putting a boundary-pushing, performance-backed platform in front of the industry’s most influential decision-makers.

“The AI & Tech Sandbox is designed to close the gap between curiosity and action. At this critical juncture in the industry, we’re moving past theory and into actual applications of technology solving real business challenges,” said George Popstefanov, Founder & CEO of PMG. “Robot.com embodies that philosophy, and that alignment is what makes them a great partner for this event. They’re building and deploying autonomous robots at scale across industries and environments that need them now, and our Cannes activation gives attendees a chance to see this future of advertising media in motion.”

R-ads arrives at the AI & Tech Sandbox with a performance record that speaks for itself—the platform has powered more than 100 brand activations across 20+ countries. For more information about PMG’s AI & Tech Sandbox, or to learn more about Robot.com’s speaking session, please visit aiandtechsandbox.com.

The engagement with PMG is the latest announcement from Robot.com in 2026 as the company expands its fleet across food automation, industrial operations, and advertising. Learn more about the Robot.com products and platform at www.robot.com.

About Robot.com
Robot.com Holdings Inc. dba Robot.com. is a pioneer in practical robotics solutions powered by advanced AI. The company operates a dual-engine business: Robotic Services, delivering Level 4 autonomous robots for campus delivery, warehouse logistics, and inspection; and Robot.com Media, a national OOH advertising platform powered by its mobile robot fleet. With more than 500 robots deployed across the United States, Canada, Dubai, and MENA, completing over 2.5 million tasks, Robot.com operates at enterprise scale, every day, in real environments. Founded in 2017 and headquartered in San Francisco with offices in Colombia, Robot.com partners with enterprise operators, including Sodexo to solve workforce and logistics challenges today.

About PMG
PMG is a global, independent marketing platform company helping the world’s most iconic brands unlock their potential. Powered by amazing people and our proprietary operating system Alli, PMG turns intelligence into momentum, driving lasting business impact with tailored solutions that sit at the intersection of business, marketing, and advertising. Developed in-house, Alli gives brands the immense benefits of unified media, data, creative, and strategy within a single, scalable solution. With offices in New York, London, Dallas & Fort Worth, Austin, Atlanta, Boston, Brighton, Costa Rica, Cleveland, Düsseldorf, Mexico City, and Toronto, PMG’s team is made up of more than 1,000 employees globally. The firm’s work for brands like Apple, Nike, CKE Restaurants, Dropbox, Zoom, Experian, Intuit, Kohler, Sephora, Travelex, and Whole Foods has received top industry awards, including Cannes Lions and Adweek Media Plan of the Year. PMG has also received recognition as MediaPost’s 2025 Independent Agency of the Year, Fast Company’s Best Workplaces for Innovators, Best Workplaces for Women, and is the only company named to Ad Age’s Best Places to Work 11 years in a row. For more information, visit pmg.com.

Forward Looking Statements
This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, as amended, including those relating to certain industry metrics, Company performance metrics and other statements that are predictive in nature. These statements relate to future events, future expectations, plans and prospects. These statements may be identified by the use of forward-looking expressions, including, but not limited to, “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “potential,” “predict,” “project,” “should,” “would” and similar expressions and the negatives of those terms. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, actual results or outcomes may prove to be materially different from the expectations expressed or implied by such forward-looking statements. Meaningful factors that could cause actual results to differ include, but are not limited to, whether we will have adequate financial resources to enable us to pursue our business successfully, given that we will likely need more financial resources than the additional resources.  These statements are only predictions and involve known and unknown risks, uncertainties, and other factors. The Company does not undertake any obligation to release publicly any revisions to forward-looking statements as a result of subsequent events or developments, except as required by law.

Media Contact:
robot@thekeypr.com 

For Investors:
Matt Kreps
Darrow Associates
+1-214-597-8200
mkreps@darrowir.com

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SOURCE Robot.com

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Skan AI and University of Missouri Launch Research Collaboration to Advance Research on Human Work in the Age of AI

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MENLO PARK, Calif. and COLUMBIA, Mo., June 10, 2026 /PRNewswire/ — Skan AI today announced a strategic research collaboration with the University of Missouri to advance the study of knowledge work in enterprise environments. The collaboration will focus on understanding how work is actually performed across people, systems, and decisions and how that reality can inform the design of next-generation AI systems that are both effective and trustworthy at scale.

As enterprises move from experimentation to scaled deployment, the ability for AI systems to effectively recreate how professionals and knowledge workers actually do their job is becoming a critical constraint. Often, this is because the data that AI models are trained on lacks the context and granularity of insight necessary for understanding how decisions are made and work is actually done. This collaboration aims to establish a new research frontier at the intersection of AI, systems thinking, and human work.

“AI has made extraordinary progress in reasoning and generation, but it still lacks a grounded understanding of how work actually gets done inside enterprises,” said Manish Garg, co-founder and COO/CPO of Skan AI. “This collaboration is about bridging that gap, bringing together real-world execution data and academic rigor to create a Context Graph of Work, a continuously evolving representation of how work executes in real environments, derived from lived operational data rather than static process definitions.”

The research initiative will explore several key areas:

The role of human judgment in hybrid human-AI workflowsDeterministic vs. probabilistic decision-making in enterprise systemsThe emergence of AI agents operating within governed execution environments

Tanu Malik, Associate Professor in the Department of Electrical Engineering and Computer Science at the University of Missouri-Columbia, emphasized the importance of grounding AI in real-world systems:

“Enterprises are complex, dynamic systems where work evolves continuously. To build AI that can operate effectively in such environments, we need to move beyond abstract models and study work as it actually unfolds. This collaboration enables us to combine large-scale empirical observations with rigorous scientific inquiry to better understand – and ultimately improve – how work is done.”

The joint research will include a mutl-tiered approach to private and public collaboration. This includes the development of new methodologies for capturing and analyzing execution-level data, academic publications on human-AI interaction in enterprise workflows, the exploration of ethical, privacy, and governance frameworks for observational AI, and opportunities for students and researchers to engage with real-world enterprise datasets.

About Skan AI 
Skan AI is an enterprise context graph company that provides a living, continuously updated operational record of how work actually happens across every system and application. Its suite of technologies span AI Blueprint, AI Intelligence and AI Agents, and provides an integrated platform designed to support every stage of an enterprise’s AI and digital transformation journey, moving from initial planning to operational optimization and final automation.

It is used by the world’s biggest companies to drive agentic transformation and is backed by marquee venture capital firms like Dell Technologies Capital, Cathay Innovation, Citi Ventures, Bloomberg Beta and others.

About the University of Missouri 
The University of Missouri is a public, land-grant research university in Columbia, Missouri. Founded in 1839, MU is a premier institution, known for its commitment to high-quality research, education and service. As the state’s largest comprehensive university, Mizzou provides a world-class education with a focus on student success, innovation and impact”

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SOURCE Skan AI

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