08:33 AM EST, 12/09/2024 (MT Newswires) -- Osisko Gold Royalties ( OR ) gained 3.2% at last look in NYSE pre-market trading after it announced Monday that it received TSX approval to renew its share buyback program.

Under the normal course issuer bid, the company may acquire about 5% of its outstanding common stock, or up to 9.3 million shares, for a year beginning on Dec. 12.

The company said its current buy back program will terminate on Dec. 11.