trending Market Intelligence /marketintelligence/en/news-insights/trending/QkLdeq9IPtY50UcZv34qWA2 content esgSubNav
In This List

Enerplus gets green light to continue share repurchase program

Video

According to Market Intelligence, December 2022

Blog

Insight Weekly: Layoffs swell; energy efficiency PE deals defy downturn; 2023 global risk themes

Podcast

Energy Evolution | How will US Democrats' new deal on climate affect the energy transition?

Podcast

Energy Evolution | New York's aggressive climate goals create a market for manufacturers


Enerplus gets green light to continue share repurchase program

Canada's Enerplus Corp. announced March 21 that it got the go-ahead from the Toronto Stock Exchange to renew its 16.7 million share repurchase program.

The program will run from March 26, 2019, to March 25, 2020, although the date could change upon completion of the bid or termination by Enerplus.

The oil and gas producer said it will limit daily purchases to 270,933 shares, which represent 25% of the average daily trading volume of the common shares on the TSX. Common shares purchased under the bid will be canceled.

For its previous share repurchase program, the company has already bought about 7.3 million common shares at a weighted-average price of C$12.96 per share.