01:10 PM EST, 03/08/2024 (MT Newswires) -- Canadian Natural Resources ( CNQ ) said Friday that it has secured approval from the Toronto Stock Exchange for a normal course issuer bid.

The notice provides that Canadian Natural may, during the 12 months starting March 13, 2024, and ending March 12, 2025, buy for cancellation nearly 90.2 million shares, reflecting 10% of the public float as at Feb. 29.

Canadian Natural also expects to enter into an automatic share purchase plan for purchases made under the NCIB.

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