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Bullboard - Stock Discussion Forum Trican Well Service Ltd T.TCW

Alternate Symbol(s):  TOLWF

Trican Well Service Ltd. is a Canada-based oilfield services company. The Company supplies oil and natural gas well servicing equipment and solutions to its customers through the drilling, completion and production cycles. Its services include hydraulic fracturing, cementing, acidizing, coiled tubing and technical solutions. Its cementing solutions combine equipment, quality cement blends and... see more

TSX:TCW - Post Discussion

Trican Well Service Ltd > NCIB keep reducing outstanding shares!!
View:
Post by JTDOUBLE on Jan 31, 2023 11:42am

NCIB keep reducing outstanding shares!!

At this level where most NCIB purchased range level..

Company think the best used of money is to purchase and cancelled shares..

The next report should show some results in EPS!!

  • During the three and nine months ended September 30, 2022, Trican repurchased and cancelled 11,280,548 and 16,676,133 common shares, at a weighted average price of $3.41 and $3.48 per share, equating to approximately 5% and 7%, respectively.

 
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