Toronto Bourse Approves Meren Energy's Share Buyback Program

10:45 AM EST, 12/04/2025 (MT Newswires) -- Meren Energy (MER.ST) secured approval from the Toronto Stock Exchange for its proposed normal course issuer bid or share buyback program, according to a Thursday release. The Canada- and Sweden-listed oil and gas company plans to repurchase up to 21,636,913 common shares valued at $35 million on the TSX, Nasdaq Stockholm, and/or alternative Canadian trading systems. The program will run from Dec. 8, 2025, to Dec. 7, 2026.