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Bullboard - Stock Discussion Forum Suncor Energy Inc. T.SU

Alternate Symbol(s):  SU

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... see more

TSX:SU - Post Discussion

Suncor Energy Inc. > Share Buyback or Dividend Increase first?
View:
Post by ngarala on Feb 16, 2021 6:42pm

Share Buyback or Dividend Increase first?

Buybacks would be the more prudent thing at the moment, dividend increase would drive headlines and interest in the stock.

What do you want first?
Comment by topdown99 on Feb 16, 2021 7:00pm
SU is buying back shares right now , they were cleared to start buying on Feb 8th 2021 at a rate of max 2.49 million shares per day to a total of 44 million shares . Believe me , at this price , SU is taking its full daily allotment .  The entire 1st Q has paid profitable commodity prices which the market wants to ignore but the value here is getting too obvious to deny . In some circles ...more  
Comment by Fishermen on Feb 16, 2021 7:05pm
Buyback while it's low, but I would like Suncor to steer its direction into natural gas . So don't increase dividend, use it for the better growth of the company.
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