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Bullboard - Stock Discussion Forum ACT Energy Technologies Ltd T.ACX

Alternate Symbol(s):  CETEF

ACT Energy Technologies Ltd., formerly Cathedral Energy Services Ltd., is a Canada-based energy company. It is a partner to North American energy companies requiring high-performance directional drilling, measurement while drilling (MWD) and rotary steerable services, as well as in providing remote operations. It operates in Canada and in the United States as Altitude Energy Partners, and in... see more

TSX:ACX - Post Discussion

ACT Energy Technologies Ltd > Potential return of capital to shareholders
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Post by C32BTT on Nov 19, 2024 3:37pm

Potential return of capital to shareholders

The recent Q3 news released contained a message from the ceo saying:

"...and position the Company with more flexibility to further pay down debt and potentially initiate return of capital strategy in 2025."

I wonder if this means further share buybacks or if they're hinting at reinstating the dividend.  They came a long way trying to turn this around and things look promising so far.
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