Veren Inc T.VRN

January 2024 Buybacls Minimal

[JohnSP]

Posted today Feb 1 here: https://ceo.ca/api/sedi/?symbol=cpg&amount=&transaction=&insider=

Only 216,400 shares boughtback in January, minimal compared to Dec's 1,791,600.

[Marty47]

They probably pay dividends first since wti low and whats left went to buybacks , they may also wait that the hammer heads numbers get inside the metrics as the free cash flow will be different , I guess once the q4 reports come we will have better understanding .

[ztransforms173]

- you are reading it ALL WRONG - THAT was NOT a BUYBACK of NCIB shares - that was SIMPLY a CANCELLATION of PREVIOUSLY BOUGHT SHARES in the MONTH of DECEMBER 2023 - IN FACT, they STILL HAVE YET TO CANCELL ANOTHER 543,600 shares  z173

[Anschutz]

Looks like you are picking up on a new tactic. Perhaps buying back to sell back into the market when share price is higher or in the event they need cash.

[SmokeyOB]

That is funny on many levels, not because I agree with you.  Just the way you put it.