Share buyback programs are generally viewed positively by the market as they can increase shareholder value by reducing the number of shares outstanding, potentially leading to a higher earnings per share (EPS) and stock price. Given that The Real Brokerage is renewing its NCIB to repurchase a significant portion of its shares, this could signal confidence from management in the company's financial health and future prospects. However, the actual impact on the stock price will depend on market conditions and the execution of the buyback.