08:48 AM EDT, 10/17/2025 (MT Newswires) -- Total Energy Services ( TOTZF ) Friday said the Toronto Stock Exchange has accepted its notice to make the normal course issuer bid that will begin Oct. 21, 2025 and expire Oct. 20, 2026.

The company said it may buy up to 1.8-million shares, being 5% of the total number of outstanding shares Oct. 16, during the period from Oct. 21, 2025 to Oct. 20, 2026, subject to a maximum daily purchase limit of 12,837 shares based on an average daily trading volume for the last six calendar months of 51,348 shares. As of Friday, there are 36.8-million shares issued and outstanding.

It also said that it had purchased a total of 1.7-million shares at an average price of $11.33 per share, 88% of the 1.9-million shares authorized to be purchased, under the normal course issuer bid previously announced October 17, 2024.

Shares of the company closed down $0.17 to $13.15 on the Toronto Stock Exchange Thursday.