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Bullboard - Stock Discussion Forum Canacol Energy Ltd T.CNE

Alternate Symbol(s):  CNNEF

Energy Oil & Gas E&P
Canacol Energy Ltd. is a Canada-based natural gas exploration and production company with operations focused on Colombia. The Company’s production primarily consists of natural gas from the Esperanza, VIM-5 and VIM-21 blocks located in the Lower Magdalena Basin in Colombia. The Company’s production also included crude oil from its Rancho Hermoso block in Colombia (Colombia oil). In addition to... see more

TSX:CNE - Post Discussion

Canacol Energy Ltd > Share buyback
View:
Post by Tree2tree on Jan 31, 2022 2:36pm

Share buyback

Wow, they just bought back over 5M shares with spare change.
Comment by oilwatcher13 on Feb 01, 2022 9:47am
Mr. Paid Pumper... Yes they did.... but they did it with the money the just received from driving the debt from 340 m to 500 m... makes this 5 million share repurchase look tiny in the scheme of things .... Really provides a false perception ... very Gamba like JMHO
Canacol Energy Ltd
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