Kolibri Global Energy to repurchase 1.7M under NCIB
Sep 19, 10:57 AM
KGEIKEI:CA
- Kolibri Global Energy has received approval from the Toronto Stock Exchange to initiate a normal course issuer bid.
- The company plans to repurchase up to 1,768,841 common shares, representing approximately 5% of its total shares outstanding as of September 10, 2025.
- The recommendation rating for Kolibri Global Energy is a strong buy, suggesting confidence in the company's stock performance.
Recommendation Rating: Strong Buy
Kolibri Global Energy (NASDAQ: KGEI) has gained approval from the Toronto Stock Exchange to initiate a normal course issuer bid. This initiative allows the company to repurchase up to 1,768,841 common shares, which equates to roughly 5% of its total shares outstanding as of September 10, 2025.
Source: Press Release