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Bullboard - Stock Discussion Forum 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... see more

TSX:SU - Post Discussion

Suncor Energy Inc. > Buybacks 33 % free cash flow
View:
Post by dimeboy on May 03, 2021 8:24pm

Buybacks 33 % free cash flow

This would equate to 30 -40 million shares this quarter ya baby .
Comment by Praxis1 on May 03, 2021 8:29pm
They have about 1.7 BILLION shares outstanding.  Wouldn't move the needle!
Comment by Mtklip on May 03, 2021 8:41pm
it helps not to have to pay divvy on them ever again.
Comment by Bigbear7405 on May 03, 2021 9:19pm
12 million were bought and cancelled.
Comment by Chris007 on May 03, 2021 8:42pm
In Q1 the company bought back 12,055,000 shares at an average price of $26.36 (pg30, 2021 q1 earnings report) The company is allowed to repurchase  44,000,000 common shares beginning February 8, 2021, and ending February 7, 2022
Suncor Energy Inc.
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