Vermilion Energy Inc. Renews Share Buyback Program

Ticker: VET · Form: 6-K · Filed: 2025-07-10T00:00:00.000Z

Sentiment: neutral

Topics: share-buyback, regulatory-approval, earnings-announcement

TL;DR

Vermilion gets TSX nod to buy back shares, starting July 11.

AI Summary

Vermilion Energy Inc. announced on July 9, 2025, that it has received approval from the Toronto Stock Exchange (TSX) to renew its Normal Course Issuer Bid (NCIB). This allows the company to repurchase up to 10% of its outstanding common shares over a 12-month period, starting July 11, 2025. The company also confirmed its Q2 2025 earnings release date and conference call details.

Why It Matters

The renewal of the NCIB indicates Vermilion's confidence in its financial position and its commitment to returning value to shareholders through share repurchases.

Risk Assessment

Risk Level: low — The filing is a routine announcement regarding a share repurchase program and earnings release schedule, with no immediate negative financial implications.

Key Numbers

Key Players & Entities

FAQ

What is the maximum number of shares Vermilion Energy Inc. can repurchase under the renewed NCIB?

Vermilion Energy Inc. can repurchase up to 10% of its outstanding common shares.

When does the renewed Normal Course Issuer Bid commence?

The renewed NCIB commences on July 11, 2025.

What is the duration of the Normal Course Issuer Bid?

The Normal Course Issuer Bid is approved for a 12-month period.

What other information was confirmed in the July 9, 2025 news release?

The news release also confirmed the Q2 2025 earnings release date and conference call details.

Which stock exchange approved the renewal of Vermilion's Normal Course Issuer Bid?

The Toronto Stock Exchange (TSX) approved the renewal.

From the Filing

0001279569-25-000714.txt : 20250710 0001279569-25-000714.hdr.sgml : 20250710 20250709175608 ACCESSION NUMBER: 0001279569-25-000714 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20250709 FILED AS OF DATE: 20250710 DATE AS OF CHANGE: 20250709 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VERMILION ENERGY INC. CENTRAL INDEX KEY: 0001293135 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] ORGANIZATION NAME: 01 Energy & Transportation EIN: 000000000 STATE OF INCORPORATION: A0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35829 FILM NUMBER: 251114453 BUSINESS ADDRESS: STREET 1: 3500, 520 - 3RD AVENUE S.W. CITY: CALGARY STATE: A0 ZIP: T2P 0R3 BUSINESS PHONE: 403-269-4884 MAIL ADDRESS: STREET 1: 3500, 520 - 3RD AVENUE S.W. CITY: CALGARY STATE: A0 ZIP: T2P 0R3 FORMER COMPANY: FORMER CONFORMED NAME: VERMILION ENERGY TRUST DATE OF NAME CHANGE: 20040607 6-K 1 vermilion6k.htm FORM 6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER Pursuant to Rule 13a-16 or 15d-16 Under the Securities Exchange Act of 1934 For the month of July 2025 Commission File Number: 001-35829 Vermilion Energy Inc. (Exact name of registrant as specified in its charter) 3500, 520 – 3 rd Avenue S.W., Calgary, Alberta T2P 0R3 (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☐ Form 40-F ☒ Exhibit Exhibit Description 99.1 News Release dated July 9, 2025 - Vermilion Energy Inc. Announces TSX Approval for Renewal of Normal Course Issuer Bid and Confirms Q2 2025 Release Date and Conference Call Details SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. 	 	 VERMILION ENERGY INC. By: /s/ Lars Glemser Title: Lars Glemser, VP and Chief Financial Officer Date: July 9, 2025 EX-99.1 2 ex991.htm NEWS RELEASE DATED JULY 9, 2025 Exhibit 99.1 Vermilion Energy Inc. Announces TSX Approval for Renewal of Normal Course Issuer Bid and Confirms Q2 2025 Release Date and Conference Call Details CALGARY, AB, July 9, 2025 /CNW/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", or the "Company") (TSX: VET) (NYSE: VET) is pleased to announce that the Toronto Stock Exchange ("TSX") has approved the notice of Vermilion's intention to commence a normal course issuer bid ("NCIB") through the facilities of the TSX, New York Stock Exchange and other alternative trading platforms in Canada and the United States. The NCIB allows Vermilion to purchase up to 15,259,187 common shares, representing approximately 10% of its public float as at June 30, 2025, over a twelve-month period commencing on July 12, 2025. The NCIB will expire no later than July 11, 2026. The total number of common shares Vermilion is permitted to purchase on the TSX is subject to a daily purchase limit of 205,865 common shares, representing 25% of the average daily trading volume of 823,460 common shares on the TSX calculated for the six-month period ended June 30, 2025; however, Vermilion may make one block purchase per calendar week which exceeds the daily repurchase restrictions. As of the close of business on June 30, 2025, Vermilion had 154,018,623 common shares issued and outstanding and a public float of 152,591,872 common shares. Any common shares that are purchased under the NCIB will be cancelled upon their purchase by Vermilion. In connection with the NCIB, Vermilion will enter an automatic purchase plan ("ASPP") with its designated broker to allow for purchases of its common shares during self-imposed blackout periods. Such purchases would be at the discretion of the broker based on parameters provide

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