08:56 AM EDT, 06/06/2025 (MT Newswires) -- CAE (CAE.TO, CAE) on Friday said it received regulatory approval to renew its normal course issuer bid to buy back for cancellation up to 16 million of its common shares commencing June 10, and ending June 9, 2026.

The company said the maximum number of common shares that may be bought back under the program, which is being established as part of its capital allocation strategy, represents about 5% of the issued and outstanding common shares of CAE. As of May 30, CAE had 320.4 million common shares issued and outstanding.

Shares of the company closed up 0.28% to $35.79 on Thursday on the Toronto Stock Exchange.