Aecon Announces $150 Million Bought Deal Offering of Common Shares

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, March 11, 2026 (GLOBE NEWSWIRE) -- Aecon Group Inc. (TSX: ARE) (“Aecon” or the “Company”) is pleased to announce it has entered into an agreement to sell, on a bought deal basis, 3,822,000 common shares (the “Shares”) from treasury to a syndicate of underwriters led by CIBC Capital Markets and TD Securities Inc. (the “Underwriters”). The Shares will be offered at a price of $39.25 per Share (the “Offering Price”), for gross proceeds to the Company of approximately $150,013,500 (the “Offering”).