07:06 AM EDT, 06/19/2025 (MT Newswires) -- NuVista Energy ( NUVSF ) overnight Wednesday said the Toronto Stock Exchange approved the renewal of its normal course issuer bid.

The company may purchase for cancellation up to a maximum of around 16.39 million common shares of the corporation. The maximum number of common shares to be purchased under the 2025 NCIB represents 10% of the public float, as of June 12.

All common shares acquired under the 2025 NCIB will be cancelled.

The 2025 NCIB will become effective on June 23 and will terminate on June 22, 2026 or such earlier time as the 2025 NCIB is completed or terminated at the option of NuVista, stated the company.

The company added that it entered into an automatic share purchase plan with a broker to facilitate repurchases of its common shares.

The company has repurchased around 11.23 million common shares at a weighted average price paid per share of $12.76 under its previous normal course issuer bid.