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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > BOOM: HOW MANY SHARES CAN BTE BUY IN THIS CASE??
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Post by Trader60 on Apr 22, 2024 6:47pm

BOOM: HOW MANY SHARES CAN BTE BUY IN THIS CASE??

Read the release:

The exemptive relief expires August 1, 2025 and is applicable to the Current Bid and any subsequent normal course issuer bid in effect until such time. It is conditional upon, among other things, purchases being made in compliance with applicable U.S. rules, the TSX rules applicable to normal course issuer bids, National Instrument 23-101 - Trading Rules and at a price not higher than the market price at the time of purchase. The aggregate number of common shares purchased by Baytex over any exchange or market over the relevant 12-month period of a particular normal course issuer bid may not exceed 10 percent of the public float, as specified in Baytex's notice accepted by the TSX in respect of the relevant normal course issuer bid, including the Current Bid. Baytex Energy 

10% is about 68M shares. of the public float. How many shares does JUNIPER have?
Comment by red2000 on Apr 22, 2024 7:11pm
Geez !! We talk about that, every week in the last 6 months ! Check here : https://stockhouse.com/companies/ownership?symbol=bte
Comment by Trader60 on Apr 22, 2024 7:17pm
Mine was a rhetorical question for Z.
Comment by ztransforms173 on Apr 22, 2024 7:58pm
- you are ALWAYS on the SLOW SIDE S/O of BTE: SAY  821,952,752 @ March 25, 2024 10% of S/O: 82,195,275 Juniper Capital @ 101,751,995  @ March 25, 2024 - WHEN Juniper Capital SELLS 19,556,720 BTE shares (assuming the usual assumptions), BTE will be IN A POSITION to DO BLOCK TRADES with Juniper Capital on the ASSUMPTION that Juniper Capital is WILLING TO SELL and ...more  
Comment by IainCaimbeul on Apr 22, 2024 8:08pm
Red2000, exactly, paralysis by analysis.  Buy hold, do your dd and STF up,  Sweet jesus, I  am glad I never had the bad fortune to serve with some of these weenies.
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