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Bullboard - Stock Discussion Forum ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

ARC Resources Ltd. is a Canadian energy company. It is focused on the exploration, development, and production of unconventional natural gas, condensate, natural gas liquids (NGLs), and crude oil in western Canada. Its operations are focused in the Montney region in Alberta and northeast British Columbia. Its operations in Alberta are located near Grande Prairie and the region includes Kakwa... see more

TSX:ARX - Post Discussion

ARC Resources Ltd > Last buyback May 5, 2022
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Post by MyHoneyPot on Jun 01, 2022 9:41am

Last buyback May 5, 2022

May 5th, 2022 was the last purchase of 291,000 dollars worth of ARX shares. 

By the way on May 31, Bibby the CFO sold shares into the public market. I wonder how you justify you buyback strategy when the CFO is selling shares into the market?

On May 31,  53.7 million shares of ARX resouces trade hands, so the question is what is up in tinsel town?

Will they still renew the NCIB?

Is ARX on the chopping block, and is there a deal in the making?

Who bought those shares?

IMHO
Comment by GunnerG on Jun 01, 2022 10:04am
MHP, what do those BOD and industry contacts you were boasting about have to say on the 53M shares traded?  Please don't speculate, tell us what they said. Do you realize ARX has been posting one month of purchases at a time.  So May 5th was not the purchase date; it was the filing date of all the NCIB purchases for April 2022. ~June 6 ARC will file all the NCIB purchases for the ...more  
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