Gran Tierra Energy (GTE) has released an update.
Gran Tierra Energy Inc. has been actively purchasing its own shares as part of a normal course issuer bid, with a total of 71,524 shares acquired between May 31 and June 6, 2024, at an average price of $12.27 CAD, amounting to a gross value of $877,843.40. The buyback program is aimed at reducing the company’s share capital and fulfilling obligations under its 2007 Equity Incentive Plan. Post these transactions, Gran Tierra’s total issued and outstanding shares amount to 31,222,194.
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