Baytex Energy Corp. (TSE:BTE) has released an update.
Baytex Energy Corp. has secured regulatory approval to double its potential share buyback quota from 5% to 10% of its public float on U.S. Markets, as part of its ongoing shareholder return strategy, including its current normal course issuer bid program. This exemption, which aligns with multiple trading and stock exchange regulations, will remain in effect until August 1, 2025. The company, headquartered in Calgary and operating in both Canada and the U.S., is primarily focused on oil and gas production.
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