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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s):  ZPTAF | T.SGY.DB.B

Energy Oil & Gas E&P
Surge Energy Inc. is a Canada-based oil focused exploration and production (E&P) company. The Company's business consists of the exploration, development and production of oil and gas from properties in Western Canada. It holds focused and operated light and medium gravity crude oil properties in Alberta, Saskatchewan and Manitoba, characterized by large oil in place crude oil reservoirs with... see more

TSX:SGY - Post Discussion

Surge Energy Inc (Alberta) > Proposed new tax on stock buybacks!!! This should be enough!
View:
Post by zack50 on Nov 03, 2022 5:58pm

Proposed new tax on stock buybacks!!! This should be enough!

I'll happily take the dividend in my TFSA.!!
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Comment by WanTBe1 on Nov 04, 2022 9:46am
This will be the end of stock buy backs
Comment by VeritasVern on Nov 04, 2022 10:09am
No problem the work around is pay off debt and higher dividends instead. 
Comment by brewster123 on Nov 04, 2022 4:14pm
The tax does not kick in until Jan.1 2024 so I think it will accelerate buy backs in the short term and then revert to increased dividends.
Surge Energy Inc (Alberta)