-- Dynacor Group (DNG.TO) said Monday that the Toronto Stock Exchange has approved its notice to renew its normal course issuer bid (NCIB) program.
Dynacor may buy back up to 3.8 million shares from May 6, for one year.
Under its NCIB, which terminates on May 5, Dynacor repurchased 508,500 shares at a weighted average price of $ 4.5871.
Dynacor shares closed up $0.27, to $6.08 on Friday on the Toronto Stock Exchange.