MEG Energy Corp T.MEG

Share cancellation and debt repayment

[vwbusman]

 

MEG continues to pound away at share cancellation and debt reduction
 

 

Just last week - 578,200 shares cancelled at around $21.50 per share (ballpark) = $12.4 million
 

 

Also almost $20 million in debt paid back so far in February that was at 7.125%
 

 

This is happening regularly by MEG - great sign - fingers crossed for a good quarterly report next week.

MEG continues to pound away at share cancellation and debt reduction

 

Just last week - 578,200 shares cancelled at around $21.50 per share (ballpark) = $12.4 million

 

Also almost $20 million in debt paid back so far in February that was at 7.125%

 

This is happening regularly by MEG - great sign - fingers crossed for a good quarterly report next week.

[Fuzman5902]

The remaing 2027 Notes become callable April 1'st i believe.