09:10 AM EDT, 05/02/2025 (MT Newswires) -- Dynacor Group ( DNGDF ) on Friday received approval from the Toronto Stock Exchange (TSX) to renew its normal course issuer bid (NCIB) that allows the company to buy back for cancellation up to 3.9 million common shares, or about 10% of the public float.

The company may buy shares for twelve months starting on May 6. Under the previous NCIB, which expires on May 5, Dynacor ( DNGDF ) has bought back 318,000 share at an average price of $5.23 per share.

Shares of the company closed down 2.5% to $4.63 on Thursday on the TSX.