Post by
BayStreetWolfTO on Jun 15, 2022 4:50pm
Weekly House Summary RBC buying
Someone was asking for some data on house position (sorry I don't recall who)
Anyhow this is the Buy Vol on RBC for some weekly ranges up to Jun 10th
Hope this helps
Buy Vol
Week start May 2nd = 453,057 (pre Buybacks for informational)
Buy Vol
NCIB period
Week start May 16th = 1,784,854
Week start May 23rd = 1.757,397
Week start May 30th = 1,863,954 (includes Jun 1, 2 & 3rd)
Week start Jun 6th = 2,489,357 (data through last Friday June 10th)
Comment by
Canukiwi on Jun 15, 2022 5:22pm
Thank you Wolf. A rough extrapolation would suggest about 50m by Dec. 31., about 8.5% of float.
Comment by
balducci on Jun 15, 2022 5:32pm
The NCIB from May calls for the purchase 56,300,143 common shares, which was exactly 10% of float as of April 29, 2022.
Comment by
Canukiwi on Jun 15, 2022 9:23pm
Yes, I think that was 12 months May to May, not 2022 calendar year. I was speculating that it might be achieved by Dec 31,
Comment by
BayStreetWolfTO on Jun 15, 2022 6:06pm
No problem Of course oil will impact free cash flow for buybacks But also at $7.80 much cheaper to buyback versus the prior week $9...so of course share price will drive % bought too.