Share cancellation and debt repayment
MEG continues to pound away at share cancellation and debt reduction
Just last week - 578,200 shares cancelled at around $21.50 per share (ballpark) = $12.4 million
Also almost $20 million in debt paid back so far in February that was at 7.125%
This is happening regularly by MEG - great sign - fingers crossed for a good quarterly report next week.
MEG continues to pound away at share cancellation and debt reduction
Just last week - 578,200 shares cancelled at around $21.50 per share (ballpark) = $12.4 million
Also almost $20 million in debt paid back so far in February that was at 7.125%
This is happening regularly by MEG - great sign - fingers crossed for a good quarterly report next week.