Parex Resources gets approval for share buyback program

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Go back to Parex Resources gets approval for share buyback program

Parex Resources Announces Approval of Normal Course Issuer Bid and Automatic Share Purchase Plan

January 20, 2026 8:01 AM EST

CALGARY, Alberta, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (Parex or the Company) (TSX: PXT) is pleased to announce that the Toronto Stock Exchange ("TSX") has approved the Company commencing a normal course issuer bid ("Bid").

Pursuant to the Bid, Parex will purchase for cancellation, from time to time, as it considers advisable, up to a maximum of 9,407,490 common shares of the Company ("Common Shares"). The Bid will commence on January 22, 2026, and will terminate on January 21, 2027, or such earlier time as the Bid is completed or terminated... More