June 8 (Reuters) - Element Fleet Management Corp EFN.TO
* Element announces TSX approval of normal course issuer bid
* Element Fleet Management Corp - bid will be funded using existing cash resources
* Element Fleet Management Corp - co may repurchase on open market up to 38.6 million common shares of corporation Source text for Eikon: ID:nMKW8gzC5a Further company coverage: EFN.TO