05:21 PM EST, 11/17/2025 (MT Newswires) -- Goodfellow ( GFELF ) said Monday the Toronto Stock Exchange approved the renewal of its normal course issuer bid, allowing the company to repurchase up to 0.48-million shares, or roughly 10% of its public float, over the next 12 months.

The bid will run from Nov. 20 to no later than Nov. 19, 2026. As of Nov. 6, the company had 8.4-million shares outstanding and a public float of 4.8-million shares.

Purchases will be made through the TSX or other Canadian trading systems at prevailing market prices and will be cancelled. Daily repurchases will be limited to 1,000 shares under TSX rules, except for permitted block purchases.

Goodfellow ( GFELF ) repurchased 111,100 shares at an average price of $12.18 in the past 12 months under its current NCIB, which expires Nov. 19.