Terrestrial Energy is trading 13.1% up at $3.33 after its board authorized share repurchases of up to $25 million.
- Announced October 27, 2026, the program will be funded from existing cash and is discretionary; the company is not required to purchase a set amount.
- The move also follows Lucid Capital Markets’ Buy initiation and $10 price target, reported ahead of the session; available reporting does not isolate either catalyst’s effect on the live gain.