08:14 AM EST, 12/19/2024 (MT Newswires) -- IGM Financial ( IGIFF ) on Thursday said the Toronto Stock Exchange has approved its notice to conduct a normal course issuer bid (NCIB).

IGM can buy back up to 5 million shares from Dec. 23, for one year.

Under its current NCIB, which terminates on Dec. 20, the company bought back 2.6 million shares at an average price of $38.36.