Sangoma Technologies (SANG) Exceeds FY25 Debt Reduction Targets Ahead of Plan

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Sangoma Exceeds FY25 Debt Reduction Targets Ahead of Plan and Launches Normal Course Issuer Bid

March 25, 2025 6:30 AM EDT

Sangoma Achieves Key Financial Milestone as part of its Capital Allocation Strategy and Initiates Normal Course Issuer Bid to Enhance Shareholder Value

MARKHAM, Ontario--(BUSINESS WIRE)-- Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) (Sangoma or the Company), a trusted industry leader uniquely offering businesses a choice of on-premises, cloud-based, or hybrid Communications as a Service solutions, announced today that following the accelerated achievement of its previously announced debt reduction targets under its capital allocation strategy, the Company is launching a Normal Course Issuer Bid (the NCIB) with respect to its common... More