Post by
barneyj44 on Dec 05, 2023 9:09pm
Whitecap buying back shares
On November 30 they bought back 2 Million shares, posted on Canadian insider today...
Comment by
tollycraft on Dec 05, 2023 9:17pm
Thats always positive, I hope the tone is set and they continue that at least twice monthly. This stock needs to gain value and in these times thats the only way, oil is not coming back in leaps and bounds, so keeps those buy backs coming. Buy backs also build confidence, and we certainly need that now. GLTA
Comment by
Tothemoon2 on Dec 06, 2023 12:35pm
If they loved buying back shares @10.39 they should really love back back here. STOP all growth spending and buy shares back.
Comment by
tollycraft on Dec 06, 2023 4:04pm
Bang on !! They should max out their buy backs now!!!!! GLTA
Comment by
tollycraft on Dec 06, 2023 4:04pm
Bang on !!@ @They should max out their buy backs now!!!!! GLTA
Comment by
Olliethegoalie on Dec 07, 2023 1:49pm
Better to buy back shares now as I think there is a buyback tax going into effect next year. At the current dividend rate, all companies should look at buying WCP shares....
Comment by
jleer42 on Dec 07, 2023 5:50pm
More bang for the buck now than in 2024. 2% of the cost of the shares repurchased. Not immaterial, but I doubt it will impact buyback plans.