Enerflex Up 4.6% in U.S. Pre-market After Getting Green Light for Share Buyback

, MT Newswires -  6:31 AM ET 3/28/2025 Company News

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06:31 AM EDT, 03/28/2025 (MT Newswires) -- Enerflex ( EFXT ) was at last look up 4.6% in U.S. pre-market trading after it saying late on Friday that the Toronto Stock Exchange approved the company's share buyback.

Under the normal course issuer bid, the company can acquire for cancelation up to a maximum of 6.2 million common shares, or approximately 5% of the public float. The NCIB will commence on April 1 and will conclude no later than March 31, 2026.

EFX lost $0.19, or 1.7%, on Thursday on the TSX to close at $10.94.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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