04:18 PM EST, 11/20/2025 (MT Newswires) -- Birchcliff Energy ( BIREF ) after trade Thursday said the Toronto Stock Exchange approved its plan for a normal course issuer bid, or NCIB.

The company said that the NCIB will allow it to repurchase up to nearly 26.8-million shares, or 10% of Birchcliff's public float, over the period from Nov. 27 to Nov. 26, 2026. Any shares bought will be purchased on the open market and then cancelled.

The number and timing of any repurchases will depend on market conditions and other capital priorities, the company said, adding that it has not bought any shares under its current buyback program.

Birchcliff shares closed down $0.01 to $7.34 on the Toronto Stock Exchange.