Frontera Energy (TSE:FEC) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Frontera Energy Corporation has initiated a substantial issuer bid to buy back CAD$40.5 million worth of its shares, offering a notable 6.6% yield to shareholders based on the share price before the announcement. The company plans to finance the buyback using its available cash and has already returned over US$52 million to stakeholders in 2024 through dividends, share repurchases, and bond buybacks.
For further insights into TSE:FEC stock, check out TipRanks’ Stock Analysis page.
