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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 production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.


TSX:SU - Post by User

Comment by Marner16on Jun 13, 2021 11:14pm
187 Views
Post# 33380161

RE:RE:Will SU bump the dividend when we get Q2 earnings in 45 days

RE:RE:Will SU bump the dividend when we get Q2 earnings in 45 daysThor16: 

The NCIB extends to February 7, 2022. 

I have been searching for information or incidences where a company can or has gone back to an exchange and changed the terms of the NCIB (as in increasing the share buyback numbers).  I haven't found anything. 

Does anyone here know of situations where companies have asked for and received permission to increase the number of shares while still in a buyback period? 

If SU was able to create a new NCIB before the expiry date of the outstanding NCIB, I would think it would create a strong message for the market and might actually produce a similar  response as raising the dividend.
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