05:22 PM EDT, 03/23/2026 (MT Newswires) -- D-BOX Technologies ( DBOXF ) after trade Monday said the Toronto Stock Exchange approved its plan to buy back shares under a normal-course issuer bid (NCIB).

The company said it can repurchase up to 20.96-million shares, or about 10% of its publicly traded shares, over 12 months beginning on, between March 27. These shares will be purchased through the facilities of the TSX and/or other Canadian trading systems, and all shares bought under the NCIB will be cancelled.

"The actual number of Class A common shares which may be purchased under the NCIB and the timing of any such purchases will be determined by the management of the corporation, subject to applicable securities laws and TSX rules," D-BOX ( DBOXF ) said.

The company added that it will use an Automatic Securities Purchase Plan (ASPP) with its broker to buy shares during periods when it would ordinarily be restricted, such as due to regulations or insider trading rules.

The company's shares closed up $0.05 to $0.72 on the Toronto Stock Exchange.