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Stock impact report

Baytex Energy Announces Granting of Exemptive Relief Regarding Its Normal Course Issuer Bid Program [Yahoo! Finance]

Baytex Energy Corp Common Shares (BTE) 
Last baytex energy corp common shares earnings: 3/4 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
order from the Canadian securities regulators which permits Baytex to purchase up to 10 percent of the "public float" (within the meaning of the rules of the Toronto Stock Exchange (the "TSX")) of its common shares through the New York Stock Exchange and other U.S.-based trading systems (together with the New York Stock Exchange, "U.S. Markets") as part of Baytex's shareholder return strategy, including the current normal course issuer bid announced on June 23, 2023 (the "Current Bid"). Absent this exemptive relief, Baytex's purchases under a normal course issuer bid on U.S. Markets would be limited to not more than 5 percent of its outstanding common shares over any twelve-month period. The exemptive relief expires August 1, 2025 and is applicable to the Current Bid and any subsequent normal course issuer bid in effect until such time. It is conditional upon, among other things, purchases being made in compliance with applicable U.S. rules, the TSX rules applicable to normal course Show less Read more
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