Bullboard - Stock Discussion Forum Tenaz Energy Corp T.TNZ

Alternate Symbol(s): ATUUF

Energy Oil & Gas E&P

Tenaz Energy Corp. is a Canada-based energy company. The Company is focused on the acquisition and sustainable development of international oil and gas assets. The Company has domestic operations in Canada along with offshore natural gas assets in the Netherlands. The Company’s domestic operations consist of a semi-conventional oil project in the Rex member of the Upper Mannville group at Leduc... see more

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TSX:TNZ - Post Discussion

Tenaz Energy Corp > Buyback

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Post by smallcapsqueeze on Feb 07, 2023 6:42pm

Buyback

Buyback has been very active in 2023. About 6,100 shares a day being bought back and cancelled making the float even smalled. Buybacks were all done well below today's close (range was $2.08 - $2.40).

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Comment by TheRexmember on Feb 07, 2023 8:24pm

Never sure about buybacks when It is a small float to begin with. It seems to be getting rids of those little spikes down on low volume though. not a ton of news flow on this one. I wonder if the SDX drama makes they avoid public companies now. Notice the last deal was announced on completion.

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Comment by smallcapsqueeze on Feb 07, 2023 11:22pm

Exactly the buyback helps keep the bid strong I think. These guys aren't promotional at all, they only PR major events. They just joined social media though which should help get the name out there: https://twitter.com/TenazEnergy

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