xTAO Begins its Normal Course Issuer Bid

xTAO (XTAO-U.V) has received TSX Venture Exchange approval to proceed with a normal course issuer bid, it said Friday. The NCIB will allow the company to purchase for cancellation up to around 1.4 million of its shares, representing approximately 5% of its currently issued and outstanding shares, the company said. The NCIB began on June 30, 2026, it said. xTAO did not purchase any shares in the previous 12 months, it added.