09:36 AM EDT, 08/06/2025 (MT Newswires) -- Tourmaline Oil ( TRMLF ) on Wednesday said the Toronto Stock Exchange (TSX) approved the renewal of its normal course issuer bid (NCIB).

The bid allows the company to buy back up to 19.3 million common shares, 5% of the total as of July 31, over twelve months starting on Friday.

Under its most recent normal course issuer bid, Tourmaline didn't purchase any shares.

Shares of the company closed up 0.6% to $57.95 on Tuesday on the Toronto Stock Exchange.

Price: 58.56, Change: +0.61, Percent Change: +1.05