Canada Goose (GOOS) said Tuesday that the Toronto Stock Exchange authorized the renewal of its normal course issuer bid to buy for cancellation about 4.6 million subordinate voting shares.
The normal course issuer bid to repurchase shares will last 12 months ending Nov. 21, 2025, according to the company.
The company said it covers 10% of the 45.6 million of subordinate voting shares in public float.
The company has repurchased 3.59 million of its subordinate voting shares as of Nov. 8, out of the 4.98 million shares allowed under its expiring normal course issuer bid.
Shares of Canada Goose were up 2.4% in after-hours activity.
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