01:48 PM EDT, 07/18/2024 (MT Newswires) -- CES Energy Solutions Corp. ( CESDF ) Thursday said it is renewing its normal-course issuer bid, receiving exchange permission to buy back and cancel up to 19.2-million shares.

The oilfield-services company said the allowed amount is 10% of its public float of shares. The renewed plan takes effect on July 22 and runs for 12 months.

The company said it repurchased 18.72-million shares under its prior NCIB.

CES shares were last seen up $0.11 to $7.79 on the Toronto Stock Exchange.

Price: 7.79, Change: +0.11, Percent Change: +1.43