08:12 AM EST, 11/18/2024 (MT Newswires) -- Goodfellow ( GFELF ) , which rose 1.7% last Friday, on Monday said the Toronto Stock Exchange accepted the company's bid to renew its share buyback program.

The company may purchase 493,102 shares, about 10% of its public float, for one year beginning on Nov. 20.

Goodfellow ( GFELF ) bought back 57,500 shares under its current normal course issuer bid at a weighted average price of $14.04 each. The bid ends on Nov.19.

The company's shares closed at $13.45 on Friday.