RE:RE:NEWSWow... very good news! Man,.. I was pissed on WCP for moving like molases,.. but maybe somebody was holding it down somehow.
Yes, this news is saying: "OK, our roads are now clear, time to speed up return of capital to shareholders"..
barneyj44 wrote: With the company's debt targets achieved, Whitecap has significant optionality for free funds flow allocation and the potential to accelerate return of capital to shareholders through targeted share buybacks and dividend increases. Year to date, Whitecap has repurchased 5.1 million shares at an average price of $5.98 per share and is permitted to purchase an additional 26.3 million shares under its current normal course issuer bid that runs between May 21, 2021, and May 20, 2022.
Great news , a big thank you to the Grant Fagerheim Team.