08:49 AM EDT, 03/14/2025 (MT Newswires) -- Athabasca Oil ( ATHOF ) on Friday said the Toronto Stock Exchange approved the renewal of its normal course issuer bid (NCIB) to buy up to 50.4-million common shares, or 10% of its public float, during the 12-month period starting on March 18.

The company said it will also seal an automatic share purchase plan with its designated broker to allow for purchases of its common shares under the NCIB during blackout periods.

Shares of the company closed down 1% to $4.94 on Thursday on the TSX.