04:11 PM EDT, 05/28/2024 (MT Newswires) -- NexLiving Communities ( NXLCF ) on Tuesday said the TSX Venture Exchange conditional approved a renewal of the company's normal-course issuer bid.

The company may repurchase up to 1.3-million shares over the next 12 month, approximately 9.8% of the company's public float during the 12-month period commencing May 31..

NexLiving purchased and cancelled a total of 74,650 shares under the previous normal course issuer bid that expires on May 30, 2024.