09:57 AM EDT, 07/12/2024 (MT Newswires) -- Hemisphere Energy ( HMENF ) on Friday said the TSX Venture Exchange accepted the company's notice to buy back up to 8.25 million common shares, about 10% of the public float.

The buy back will begin on July 14 and can run until July 13 next year.

Under its previous bid, Hemisphere purchased 4 million common shares on the open market at a weighted average price of $1.43 each.

Early on Friday, the shares traded 1.1% higher at $1.82.

Price: 1.82, Change: +0.02, Percent Change: +1.11