The Canadian precious metals streaming and royalty company may buy the shares on the Toronto or New York stock exchanges, as well as through alternative trading systems. The authorization runs through Nov. 16, 2027.

Triple Flag shares last closed in Toronto at C$43.36. They were down 4.9% so far in 2026 and little changed from a year earlier.

The previous normal course issuer bid is due to expire Monday. Under that program, the company bought roughly 1.3 million of the 10.3 million shares it had been authorized to repurchase.