10:10 AM EDT, 09/16/2025 (MT Newswires) -- Gibson Energy ( GBNXF ) Tuesday said the Toronto Stock Exchange (TSX) accepted its notice of intention to start its Normal Course Issuer Bid (NCIB) for an additional one-year period.
The company can now buy back and cancel up to 7.5% or 10.2 million of the public float for the issued and outstanding common shares as of Sep. 15, over the next 12 months starting Sept. 18. Gibson had 163.8 million common shares issued and outstanding as of Monday.
The bid will cancel on the earlier of Sept. 17, 2026, or the date by which the maximum number of common shares that can be acquired under the NCIB have been bought. The company has also renewed its automatic purchase plan with its broker, BMO Nesbitt Burns, to facilitate purchases of its common shares.
Shares of the company were last seen up 0.6% at $26.34 on the TSX.
Price: 26.43, Change: +0.24, Percent Change: +0.92