Artis Real Estate Investment Trust renewed its normal course issuer bid to purchase up to 13,314,337 of its trust units, or 10% of its public float as of Dec. 7.

The Toronto Stock Exchange approved the renewal, with up to 59,138 units available for purchase by the company on any one day, excluding cases of block purchase exemptions.

The bid will run from Dec. 17 to Dec. 16, 2018. Artis acquired no units under its previous normal course issuer bid, which allowed for the purchase of up to 14,869,719 units.