Bullboard - Stock Discussion Forum Whitecap Resources Inc T.WCP

Alternate Symbol(s): SPGYF

Energy Oil & Gas E&P

Whitecap Resources Inc. is an oil-weighted growth company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its core areas include the West Division and East Division. Its West Division is comprised of three regions: Smoky, Kaybob and Peace River Arch (PRA). The properties in its Smoky region include Kakwa... see more

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TSX:WCP - Post Discussion

Whitecap Resources Inc > Stock Buybacks

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Post by Olliethegoalie on May 31, 2023 10:30am

Stock Buybacks

Seems like a good time for stock buybacks. Are there any buybacks being executed presently?

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Comment by Sugaree on May 31, 2023 11:38am

I don't see any buybacks at all form Whitecap. Not too familiar with this stock, but figured thay would have an NCIB in place, no? https://ceo.ca/api/sedi/?symbol=wcp&amount=&transaction=buy-sell-public&insider=

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Comment by pierrelebel on May 31, 2023 2:01pm

May 17th annoucement: "Whitecap is also pleased to announce that the Toronto Stock Exchange (the "TSX") has accepted Whitecap's notice of intention to commence a normal course issuer bid (the "NCIB"). The NCIB allows Whitecap to purchase up to 59,724,590 common shares (representing 10% of Whitecap's public float, as defined by the TSX, as of May 9, 2023) over a ...more

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Whitecap Resources Inc