09:19 AM EDT, 06/26/2025 (MT Newswires) -- Mattr ( MTTRF ) on Thursday said the Toronto Stock Exchange approved the renewal of its normal course issuer bid.

The company may buy back for cancellation up to about 5 million common shares, 10% of its public float as at June 16. The bid will commence on June 30.

Mattr ( MTTRF ) has also entered into an automatic share purchase plan with a designated broker in order to facilitate repurchases of its outstanding common shares under the bid.

Shares of the company closed down 0.9% to $11.73 on Wednesday on the Toronto Stock Exchange.