RE:RE:RE:RE:RE:RE:The problem with buybacksNice savings in dividend, if Baytex is able to reduce O/S by 50M shares yearly in 2022 and 2023.
At a 1$ yearly dividend, it's 100M$ of savings per year. It count !
Paydown debt 1st
2nd Decrease float
3rd Sustainable monthly dividend
I dream about 2012-2014 dividend at 0,20 monthly !!!
I wonder what is their target about O/S after the 5 year plan !!??
300, 350 M O/S sound good to me !
GL Longs !