Suncor Energy Inc. T.SU

Alternate Symbol(s): SU

Energy Oil & Gas Integrated

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading, offshore oil and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. It is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.

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Suncor Energy Inc. > Taxing share buy backs

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Comment by MaximusGainuson Nov 03, 2022 2:59pm

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Post# 35070645

RE:RE:Taxing share buy backs

It may start with 1%, then who knows how high they will ratchet it up from there.

All the more reason to buy back as many shares as possible right now before this stupid buyback tax gets as ugly as Freeland.

Dividends can wait. Just look at free cash flow now and imagine if it was all given out as dividends. There will be HUGE dividends to come, and also a re rating.