Baytex Energy Corp T.BTE

Buyback in progress June 30 ...

[red2000]

Seems Baytex bought so far : 5,4M shares !!!

[BayStreetWolfTO]

Love it Red, walking the walk. Increasing my equity % tax free everyday  Baytex keeps buying everyday also taking advantage of the dips Scooping the shorts and smaller traders.

[ResearchSeeker]

Red, Thanks for the update. It looks like my guess, and it was only a guess, was off by only 118,476 shares! Here is my post with the 5.3 Million guess. https://stockhouse.com/companies/bullboard?symbol=t.bte&postid=34781003 RS

[red2000]

Just to be sure all of us, understand how many buyback shares were done so far in 2022... Brian Ector confirm to me this : We repurchased 3,4 million shares in May and remain active here in June.  For the month of june: Baytex bought 5,4 M shares  ending june 27 !!! So, 3 more days of trading not include ... I think they bought so far over 10M shares !!! Which is already 18% of there

[dandu1924]

And the BEST IS COMING TOO, just be patient a little bit  2022 ending and 2023.

[Maxmoe]

In case someone isn't familiar with the sedi filing you pasted, it shows baytex files on sedi once per month, but they file for each day separately and all at once. Makes sense, otherwise they'd be filing, and paying for filing, every day. I counted all 22 business days in June they made a purchase.  Same for May, starting May 9th. EVERY DAY!  It's even on auto pilot during

[masfortuna]

Max I may be wrong BUT I don't think they need to pay anything when a NCIB is being updated.  I think that SEDI needs to post any transactions linked to an NCIB as public knowledge.  The fee would have been paid when the NCIB was approved by the TSX. Anyhow that's my understanding of it but I may have misunderstood.

[Maxmoe]

Sorry, I didn't mean there was a fee payable to sedi, or to RBC other than normal commish. I meant legal fees. I'd be very surprised if someone like the cfo or secretary is personally filing this, or RBC is filing on their behalf, without a lawyer, even a junior Joe, doing a double check. Sure wouldn't happen if it was on my watch.

[masfortuna]

Makes senses, but even if that were the case, I am pretty sure they have a lawyer or 2 on retainer.  Anyhow it's all good.