07:14 AM EST, 11/21/2025 (MT Newswires) -- The North West Company ( NNWWF ) announced overnight Thursday, that its intention to make a normal course issuer bid (NCIB) for a portion of its common voting shares and variable voting shares, was accepted by the Toronto Stock Exchange (TSX).

The company may buy back up to 4.75-million shares, or about 10% of its public float as of Nov. 13, for cancellation over the next 12 months. As of Nov. 13, the company had 47.7-million issued and outstanding shares.

The North West Company ( NNWWF ) also established an automatic securities purchase plan with its broker to facilitate the purchase of shares under the NCIB at times when the company would not be permitted to buy its shares due to certain conditions. The automatic securities purchase plan will be effective as of Nov. 25, 2025.

A statement noted that the company intends to fund the purchases out of its available resources and may begin to buy back shares on Nov. 25. The NCIB will cancel on Nov. 24, 2026, or such earlier date as the company completes its purchases pursuant to the NCIB or provides notice of termination.

Shares of the company closed up 0.1% to $48.11 on Thursday on the TSX.