GURU Organic Energy Announces Renewal of Its Normal Course Issuer Bid

Core Viewpoint - GURU Organic Energy Corp. has received approval from the Toronto Stock Exchange to renew its normal course issuer bid, allowing the company to repurchase up to 1,514,144 common shares over a 12-month period, reflecting a strategic move to enhance shareholder value and manage capital effectively [1][2][4]. Share Repurchase Program - The repurchase program will commence on July 25, 2025, and conclude by July 24, 2026, allowing GURU to buy back approximately 5% of its outstanding shares as of July 14, 2025 [2]. - GURU plans to execute the share buybacks on the open market at prevailing market prices, with a daily purchase limit of 2,700 shares, which is 25% of the average daily trading volume [3]. Financial Context - The company has previously repurchased 100,640 shares under its current NCIB, which expires on July 24, 2025, at a volume-weighted average price of $1.8242 per share [6]. - GURU believes that the market price of its shares may not always reflect their full value, making the repurchase an appropriate use of capital [4]. Company Overview - GURU Organic Energy Corp. is recognized as Canada's leading organic energy drink brand, having launched the world's first natural, plant-based energy drink in 1999 [8]. - The company markets its products through a distribution network of approximately 25,000 points of sale in Canada and the United States, emphasizing its commitment to clean ingredients and health-conscious energy options [7][8].