Canadian Net Real Estate Investment Trust has received approval from the TSX Venture Exchange for the annual renewal of its normal course issuer bid. The Trust may repurchase up to 1,029,881 units, representing approximately 5% of units in circulation. The purchase will be made through designated exchanges and trading systems. All redeemed units will be cancelled, and the bid will run from August 1, 2025, to July 31, 2026. The Trust believes this intervention will protect and enhance value for unitholders. Canadian Net is an open-ended trust that acquires high-quality commercial real estate properties.

Read more at GlobeNewswire: Canadian Net Reit Announces Renewal of Normal Course Issuer