GURU Organic Energy Corp (TSE:GURU) has released an update.
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GURU Organic Energy Corp., a leading Canadian organic energy drink brand, has announced the renewal of its normal course issuer bid (NCIB), allowing the company to repurchase up to approximately 5% of its outstanding shares over the next year. The company believes that the repurchase of shares at times when their market price does not reflect their full value is a judicious use of capital, contributing to sustainable long-term profitable growth.
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