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Vermilion Energy Inc. Announces TSX Approval for Renewal of Normal Course Issuer Bid and Confirms Q2 2026 Release Date and Conference Call Details

  • Vermilion Energy Inc. received TSX approval to renew its normal course issuer bid (NCIB) for purchases on the TSX, NYSE, & Canadian trading platforms.
  • The NCIB permits the purchase of up to 15,157,179 common shares (approx. 10% of public float) over a 12-month period from July 12, 2026, to July 11, 2027.
  • Daily purchase limits are capped at 322,467 shares (25% of average daily volume), with one weekly block purchase exception allowed; all purchased shares will be cancelled.
  • An automatic share purchase plan (ASPP) is established for use during self-imposed blackout periods to facilitate share repurchases when management holds material undisclosed information.
  • Vermilion aims to return 40% of excess free cash flow to shareholders in 2026 via dividends & share repurchases, citing current stock prices as undervalued.
  • Under the prior NCIB ending June 30, 2026, the company repurchased 1,749,691 shares at a weighted average price of $12.43.
  • The company will release Q2 2026 financial results on July 29, 2026, followed by a conference call on July 30, 2026, at 8:00 AM MT.
  • Financial statements will be available on SEDAR, EDGAR, & the company website, while the conference call webcast link will be posted prior to the event.