Canadian Net Real Estate Investment Trust (NET-UN.V) on Thursday said it secured approval from the TSX Venture Exchange to renew its normal course issuer bid.
Under the bid, the trust may purchase up to about 1.03-million units, or 5% of its units in circulation over 12 months beginning on Aug. 1.
The company's units were last seen up C$0.09, or 1.4%, to C$6.71 on the TSX Venture Exchange.
Price: $6.71, Change: $+0.09, Percent Change: +1.36%