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Gran Tierra Energy gets approval to repurchase 10% of its shares over the next year.
Gran Tierra Energy Inc. has received approval from the Toronto Stock Exchange to repurchase up to 2.9 million of its common shares—10% of its public float—for cancellation over the next year, starting November 6, 2025.
The company may buy shares on the TSX, NYSE American, or other eligible markets at prevailing prices, using open market purchases or negotiated deals.
An Automatic Share Purchase Plan (ASPP) will allow up to 12,171 shares per trading day, managed by a broker in compliance with securities rules.
The move follows a prior NCIB that ended November 5, 2025, and is supported by exemptive relief allowing U.S. share purchases until February 12, 2027.
Management said the bid reflects confidence in the company’s value and future.
Gran Tierra Energy obtiene la aprobación para recomprar 10% de sus acciones durante el próximo año.