08:10 AM EDT, 06/04/2025 (MT Newswires) -- Aimia ( AIMFF ) , which rose 2.5% on Tuesday, said the Toronto Stock Exchange approved the company's previously-announced normal course issuer bid to purchase for cancellation up to about 5.9 million of its common shares, or 10% of the public float.

The purchases may be made from June 6 for a year, the company said in a release on Wednesday.

Under the previous buyback, the company repurchased about 5.8 million common shares at an average weighted price of $2.61 apiece. The company had been authorized to buy back about 7 million shares.