07:28 AM EDT, 07/04/2024 (MT Newswires) -- Dollarama Inc. ( DLMAF ) said Thursday that it has received Toronto Stock Exchange approval to renew its normal course issuer bid.

Starting July 7, for one year, Dollarama ( DLMAF ) may purchase up to 16.5 million common shares, 6% of its public float.

Under the normal course issuer bid which expires on July 6, Dollarama ( DLMAF ) has bought back 8 million shares at a weighted average price of $103.74 each.