08:49 AM EDT, 07/22/2025 (MT Newswires) -- GURU Organic Energy ( GUROF ) , a Canadian organic energy drink brand that saw its shares gain 3.7% Monday, said the Toronto Stock Exchange approved the renewal of the company's normal course issuer bid.

The NCIB allows the company to purchase up to around 1.51 million shares, approximately 5% of the shares outstanding.

The buyback will begin on Friday, and will end no later than July 24, 2026, the company said on Tuesday.

Under its current NCIB, which expires on Thursday, the company has repurchased 100,640 shares at a volume-weighted average price of $1.82 apiece.