RE:RE:Here is my Question I sent to ARX IRIt in the presentation,
Share count objective Link That what i read.it, infact i will include the footnotes from the slide.
1) On April 6, 2021, ARC issued 369.4 million common shares to acquire Seven Generations . Following the business combination, ARC’s outstanding common shares balance was 723.0 million
2) Based on actual pricing in Q2 2024, and forward pricing thereafter of US$70 WTI; $3.50/GJ AECO.
3) Non-GAAP Financial Ratio— see "Non-GAAP and Other Financial Measures" in the Advisory Statements of this presentation
So they objective is to buy back 370 million shares, they have bought back approximately 130 million in roughly 4 years so far.
MHP
IMHO