RE:RE:It's gonna take a dividend increase ...
JoeDev wrote: They haven't bought any shares back in the last 5 yrs. These are all lies by the company. Check the shares outstanding. Same as 5 yrs ago. Lies Lies Lies. I dont know how they get away with it..
They "get away with it" because "well informed" people like you don't actually read the information provided by the company but instead go on the internet and make all sorts of wild statements based on an intent to misinform.
"In 2022, Vermilion purchased and cancelled 2.34 million common shares under the NCIB for total consideration of $71.7 million. The surplus between the total consideration and the carrying value of the shares repurchased was recorded as an increase to deficit.”
Vermilion also issues stock every year as a part of compensation. At the end of 2021 shares outstanding were 162,261,000. In 2022 they issued 2,578,000 shares as equity based awards, 549,000 as equity based compensation and 178,000 vested equity based awards. That was offset by the 2,339,000 shares repurchased for a new total outstanding share count of 163,227,000.
All of this is clearly outlined in section 13 Shareholder Capital of the 2022 Financial Statements.
But you are free to continue to spout off with your uninformed accusations. You should really try investing rather than betting.
P.S. "Subsequent to December 31, 2022 Vermilion purchased and cancelled 1.14 million common shares under the NCIB for total consideration of $22.4 million."