08:07 AM EDT, 06/11/2025 (MT Newswires) -- High Liner Foods ( HLNFF ) said Wednesday that it secured TSX approval to renew its normal course issuer bid.

Under the NCIB, the frozen seafood company can purchase up to 1,633,046 of its shares, or 10% of the public float, from Friday to June 12, 2026.

High Liner said the board and management that purchasing the shares from time to time at the prevailing market price is in the best interest of the company and its shareholders.

By making such repurchases, the company said the number of shares in circulation will be reduced and the proportionate interest of remaining shareholders of the company will be increased on a pro rata basis.