05:45 AM EDT, 07/10/2025 (MT Newswires) -- Vermilion Energy ( VET ) late on Wednesday said it has garnered approval from the TSX to commence a normal course issuer bid to buy up to 15.3 million common shares, 10% of its public float.

The buyback will run for a 12-month period starting on July 12 and will expire no later than July 11, 2026. Any common shares purchased under the NCIB will be canceled.

Under its prior NCIB running until Friday, the company repurchased 5.6 million common shares at a weighted average price of $12.96 apiece. Vermilion was allowed to repurchase up to 15.7 million common shares.