Vermilion Energy Gets Green Light to Buy Back Up to 10% of Public Float - News Summed Up

Vermilion Energy Gets Green Light to Buy Back Up to 10% of Public Float


By Adriano MarcheseVermilion Energy Inc. said that the Toronto Stock Exchange has approved its plan to begin a buyback program for around 10% of its public float over the course of a one-year period. On Monday, the Calgary, Alberta-based oil-and-gas producer said it will begin its normal course issuer bid, or NCIB, on July 6 in which it will aim to buy back up to 16.1 million shares in the 12-month period ending on July 5 of next year.


Source: Wall Street Journal July 04, 2022 11:27 UTC



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