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Bullboard - Stock Discussion Forum Cenovus Energy Inc T.CVE.WT


Primary Symbol: T.CVE Alternate Symbol(s):  T.CVE.PR.E | T.CVE.PR.G | CNVEF | CVE.WS | CVE | T.CVE.PR.A | T.CVE.PR.B | T.CVE.PR.C

Cenovus Energy Inc. is a Canada-based integrated energy company. The Company has oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The Company's segments include Upstream, Downstream, and Corporate and Eliminations. Its Upstream segment includes Oil Sands, Conventional, and Offshore.... see more

TSX:CVE - Post Discussion

Cenovus Energy Inc > CVE BOUGHT BACK ~ $250M In Shares (~10M CVE) In 2 Days
View:
Post by ztransforms173 on Aug 11, 2023 11:52am

CVE BOUGHT BACK ~ $250M In Shares (~10M CVE) In 2 Days

- 10 transactions on July 28 amd 29, 2023 that
were REPURCHASED and CANCELLED

z173
Comment by Quintessential1 on Aug 12, 2023 11:04am
Basically negates the remaining 16% in outstanding warrants and then some. With this repurchase being just under 10% of the NCIB I wonder how many shares CVE plans to repurchase before the NCIB  expires in November? At 10 million per month until then accounting for just over 50 million shares bought back even adding in the repurchased warrants would be less repurchased than last year ...more  
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