Vermilion Energy Secures TSX Approval for Share Buyback Program

Vermilion Energy ( (TSE:VET) ) just unveiled an update.

On July 9, 2025, Vermilion Energy announced that the Toronto Stock Exchange has approved the renewal of its normal course issuer bid (NCIB), allowing the company to repurchase up to 10% of its public float over the next year. This move is part of Vermilion’s strategy to return capital to shareholders, as it plans to allocate 40% of its excess free cash flow to dividends and share repurchases in 2025. The company believes its shares are undervalued and sees repurchases as a compelling option for capital return. Vermilion will release its Q2 2025 financial results on August 7, 2025, followed by a conference call on August 8, 2025.

The most recent analyst rating on (TSE:VET) stock is a Hold with a C$14.00 price target. To see the full list of analyst forecasts on Vermilion Energy stock, see the TSE:VET Stock Forecast page.

Spark’s Take on TSE:VET Stock

According to Spark, TipRanks’ AI Analyst, TSE:VET is a Neutral.

Vermilion Energy’s overall score reflects a mix of strengths and challenges. Strong corporate actions and strategic acquisitions boost prospects, while financial and valuation concerns persist. Market volatility and profitability issues weigh on the score.

To see Spark’s full report on TSE:VET stock, click here.

More about Vermilion Energy

Vermilion Energy is a global gas producer focused on the acquisition, exploration, and development of liquids-rich natural gas in Canada and conventional natural gas in Europe, while optimizing low-decline oil assets. The company emphasizes health and safety, environmental protection, and profitability, and trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET.

Average Trading Volume: 889,130

Technical Sentiment Signal: Sell

Current Market Cap: C$1.63B

See more data about VET stock on TipRanks’ Stock Analysis page.