CA - PHX Energy receives TSX approval for renewal of normal course issuer bid

2023-08-11 07:49:09 ET

• PHX Energy Services Corp ( TSX: PHX:CA ) Friday announced that the Toronto Stock Exchange has accepted PHX Energy's notice of intention to renew its normal course issuer bid for a further one-year term.
• The previous NCIB expires on August 15, 2023.
• Under the renewed NCIB, PHX Energy may purchase for cancellation, from time to time, as PHX Energy considers advisable, up to a maximum of 3,552,810 common shares, which represents 10% of the corporation's public float of 35,528,100 common shares as at August 2, 2023.
• The NCIB will commence on August 16, 2023 and will terminate on August 15, 2024 or such earlier time as the NCIB is completed or terminated at the option of PHX Energy.
• Source: Press Release

For further details see: