Post by
CJInvestor on Jun 05, 2024 6:19am
Meg buybacks for May
I don't see anything posted for Meg for May yet on stockhouse but I do for other companies. Did they not do buybacks in May and that's why the share price did so poorly?
Comment by
aaaaaargh on Jun 05, 2024 10:33am
Sometimes they do share buybacks.....sometimes they buy back senior notes (debt). In May, Meg bought back 37,175,000 worth of debt....
Comment by
ztransforms173 on Jun 05, 2024 4:27pm
better now: - in the NEAR FUTURE, they will have to SWITCH to BUYING the 2029 5.875% Notes {USD 600 million} as the REMAINING 2027 Notes 'MIGHT' NOT BE FOR SALE z173
Comment by
jleer42 on Jun 23, 2024 1:28pm
Yes, they can retire the 2029 bonds for now. In February they can look at rolling over all their notes. Veren/CPG just reissued 5 and 10 year notes, the 5 year at ~5% and the 10 year ~5.5%.