Gran Tierra Energy (GTE) has released an update.
Gran Tierra Energy Inc. has actively engaged in repurchasing shares under its normal course issuer bid, with recent transactions involving the acquisition of 66,800 shares at an average price of CAD 13.61, amounting to a total value of CAD 909,389. These buybacks are part of a strategy to either reduce the company’s share capital or fulfill obligations under its 2007 Equity Incentive Plan, with the program set to continue until November 2024 or until the maximum share threshold is reached.
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