Frontera Energy (TSE:FEC) has released an update.
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Frontera Energy has successfully completed a substantial issuer bid, buying back 3,375,000 of its common shares at $12.00 each, totaling $40.5 million. This move represents 4.01% of its total outstanding shares, indicating strong shareholder participation. The company continues to focus on enhancing shareholder value with plans for further share repurchases.
For further insights into TSE:FEC stock, check out TipRanks’ Stock Analysis page.
