04:42 PM EST, 01/27/2025 (MT Newswires) -- Canada Goose (GOOS.TO), which rose 3.4% today, after trade Monday said it has received approval from the Ontario Securities Commission to buy back up to 10% of its shares from the public market, specifically through US trading platforms like the New York Stock Exchange.

This is part of the company's ongoing share repurchase plan that began on Nov. 19. Under this plan, Canada Goose intends to repurchase up to nearly 4.6 million shares over a year, from Nov. 22, 2024, to Nov. 21 this year, the company said.

The exemptive relief is valid for 36 months and applies to this current buyback plan as well as any future repurchase programs within that time, the company added.