Britannia Life Sciences (BLAB.CN) will begin a normal course issuer bid to buy back and cancel up to around 8.1 million of its shares, representing 5% of its outstanding shares, it said Wednesday.
The buyback will begin on Aug.10 and run for 12 months, added the company.
The company's shares were last seen unchanged at C$0.07 on the Canadian Securities Exchange.
PHX Energy Services (PHX.TO) reported second-quarter earnings of C$0.21 per share, or C$10.97 million, compared with C$0.17 per share, or C$8.52 million, in the prior-year period. The results topped FactSet analysts' estimate of C$0.18 per share.For the three months ended June 30, 2026, revenue rose 7% to C$178.9 million from C$167.7 million in the second quarter of 2025.In its outlook, PHX said North American industry activity is showing an uptick in the third quarter, supported by strengthening commodity prices.Company's shares closed up C$0.28 to C$10.92 on Toronto stock Exchange on Tuesday.