08:14 AM EDT, 06/26/2024 (MT Newswires) -- Mattr ( MTTRF ) on Wednesday said the Toronto Stock Exchange approved the renewal of its normal course issuer bid to buy back up to 10% of the materials technology company's public float.

Under its previous NCIB, which began on June 28, 2023, Mattr ( MTTRF ) purchased 3.44 million shares, the maximum allowed, for $52.2 million. The company paid on average $15.16 per share. That NCIB ended on December 19, 2023 when the company reached the maximum purchase limit.