Lycos Energy Receives Approval to Renew Normal Course Issuer Bid

05:07 PM EDT, 10/27/2026 (MT Newswires) -- Lycos Energy (LCX.V) after trade Tuesday said it received approval from the TSX Venture Exchange to renew its normal course issuer bid (NCIB). The renewed NCIB allows Lycos to repurchase up to nearly 10.7-million shares, representing about 10% of its public float of its public float of 106.6-million shares, it added. As of Tuesday, the company had nearly 131.9 million shares outstanding. The program will run for 12 months beginning Nov. 2. "The actual number of common shares which may be repurchased pursuant to the NCIB will be determined by management of the company," Lycos added. The company also said it has established an automatic share purchase plan to facilitate buybacks during periods when the company would normally be restricted from trading, such as self-imposed blackout periods. Shares of Lycos Energy closed up 1.1% to CA$1.85 on the TSXV.