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Bullboard - Stock Discussion Forum Veren Inc T.VRN

Alternate Symbol(s):  VRN

Veren Inc. is a Canada-based oil producer with assets in central Alberta and southeast and southwest Saskatchewan. The principal activities of the Company are acquiring, developing and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly owned subsidiaries. Its core operational areas include Kaybob Duvernay and Alberta... see more

TSX:VRN - Post Discussion

Veren Inc > News out
View:
Post by dandu1924 on Mar 04, 2022 10:14am

News out

Buyback plan to 10%  from March 9th  2022  to March 8th 2023. Sounds good because they will cancel  57 millions of shares.
Comment by Darwyn on Mar 04, 2022 12:16pm
Yes, and should they execute that will buy back the shares issued for the Shell deal last year. It is likley that Shell has been liquidating this position at a very handsome profit. It would be nice this overhang get eliminated which may be holding back upside appreciation.
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