Trican Well Service Renews Its Normal Course Issuer Bid

12:54 PM EDT, 10/01/2026 (MT Newswires) -- Trican Well Service's (TCW.TO) received exchange approvals to renew its normal course issuer bid (NCIB), it said late Wednesday. The bid allows the company to buy back and cancel up to 18.1-million shares, 10% of its public float, in the 12 months beginning on Oct.5. The company also intends to enter into an automatic securities purchase plan with a designated broker. Under its expiring NCIB, the oilfield-services company repurchased 9.75 million of an allowed 18.41 million shares. Shares of the company were last seen up CA0.245, or 4.1%, to CA$6.224 on the Toronto Stock Exchange. Price: 6.22, Change: +0.24, Percent Change: +4.01