08:40 AM EDT, 09/18/2024 (MT Newswires) -- Tecsys ( TCYSF ) on Wednesday said that the Toronto Stock Exchange has approved the renewal of its normal course issuer bid (NCIB).

The company may purchase up to 500,000 shares from September 20, for one year.

Under its previous normal course issuer bid, which ended September 13, Tecsys ( TCYSF ) bought back 274,600 common shares at a weighted average price of $35.40 each.

Yesterday, the shares closed at $39.85.