回购量太低了?

Thank you for contacting CIBC Investor Relations.

CIBC has an active normal course issuer bid to purchase up to 20 million common shares. The normal course issuer bid will expire on December 12, 2022. For the six months ended April 30, 2022 CIBC purchased and cancelled 1.8 million common shares.

Regards,

感觉不佳啊

Hello,

The information you requested is available on page 73 of the Q2 2022 Report to Shareholders at the link provided in the email below.

For ease of reference, we have also cut and pasted the relevant section from the Q2 2022 Report to Shareholders here:

"NORMAL COURSE ISSUER BID

On January 7, 2022, the Bank announced that the Toronto Stock Exchange and OSFI had approved the Bank’s previously announced normal course issuer bid

(NCIB) to repurchase for cancellation up to 50 million of its common shares.

During the three months ended April 30, 2022, the Bank repurchased 13.5 million common shares under the NCIB, at an average price of $105.95 per share,

for a total amount of $1.4 billion, which represents a $1.3 billion premium over the share capital amount. During the six months ended April 30, 2022, the Bank

repurchased 21 million common shares under the NCIB, at an average price of $104.50 per share, for a total amount of $2.2 billion, which represents a $1.9 billion

premium over the share capital amount.

Concurrent with the announcement of the Bank’s acquisition of First Horizon on February 28, 2022, the Bank’s automatic share purchase plan established

under its NCIB automatically terminated pursuant to its terms."