06:43 AM EDT, 08/14/2025 (MT Newswires) -- PHX Energy Services ( PHXHF ) late on Wednesday said the TSX has accepted its notice of intention to renew its normal course issuer bid for another one-year term.

Under the renewed NCIB, the company may purchase for cancellation up to 4 million common shares, representing 10% of the company's public float as of Aug. 5.

The NCIB will begin on Aug. 18, 2025, and terminate on Aug. 17, 2026, unless completed or terminated earlier.

The previous NCIB expires Aug. 15. As of Aug. 5, the company has purchased a total of 1.5 million common shares at an average price of $9.54 per share.