Wall Financial (WFC.TO) said Friday that the Toronto Stock Exchange has accepted its notice to renew its notice to buy back up to 630,210 shares.
The normal course issuer bid will run from May 20, for one year.
Under its previous bid, which expires on May 19, Wall Financial bought back 204,500 shares at a volume weighted average price of $15.78.
Wall Financial shares closed up $1.19, to $17.19 on Thursday on the Toronto Stock Exchange.
Diversified Royalty (DIV.TO) first quarter net income fell slightly but adjusted revenue climbed higher, the company said on Friday. The company separately said it is acquiring its best performing royalty partner Mr Lube + Tires for $235 million.Net income for the quarter ended March 31, edged down to $7.6 million from $8.0 million for the prior year period. The company did not provide per share amounts. The lower net income was mainly due to higher expenses and finance costs and impairment loss due to the 10-year, fixed royalty payment period of the Air Miles amendment, announced in January.Adjusted revenue climbed to $18.8 million from $17.0 million, but missed the $19.32 million consensus analyst estimate, as compiled by FactSet. Adjusted revenue increased primarily due to Mr. Lube + Tires' and Oxford's positive SSSG, the company said."The first quarter of 2026 saw an overall positive performance. Our top royalty partner, Mr. Lube + Tires, continues to produce positive growth, generating SSSG6 of 3.0%, albeit at a reduced level compared to the comparable quarter. Oxford also produced positive SSSG of 4.4% while Mr. Mikes results were flat," said chief executive Sean Morrison.Diversified Royalty separately said it is acquiring the Mr. Lube + Tires franchisor business in Canada for $235 million. Mr Lube + Tires is its largest and best performing royalty partner, Morrison said.The company estimates the acquisition will increase its distributable cash per share from $0.3128 on a run-rate basis to $0.3478 on a pro-forma basis.The board is maintaining the current $0.285 per share annualized dividend, to provide Diversified Royalty the financial flexibility to deleverage following the acquisition's close, a statement added.Diversified Royalty shares closed up $0.07, to $4.32 on Thursday on the Toronto Stock Exchange.
Trilogy Metals (TMQ.TO)'S Arctic joint venture with South32 in Alaska has been accepted into the US FAST-41 Federal Permitting Dashboard, Trilogy said Friday.FAST-41 seeks to improve transparency and predictability of the federal environmental review and authorization process for major infrastructure projects."The US currently imports a substantial share of its copper supply from foreign nations - a strategic vulnerability that FAST-41, by providing a clear and coordinated federal permitting framework for domestic mineral projects, could help alleviate," President and Chief Executive Officer Tony Giardini said."Inclusion on the Federal Permitting Dashboard signals that the Arctic Project has been recognized at the highest levels of government as a nationally important critical minerals asset," Giardini added.