tiprankstipranks
Trending News
More News >

Gran Tierra Energy Continues Share Repurchase Program

Story Highlights
Gran Tierra Energy Continues Share Repurchase Program

Confident Investing Starts Here:

Gran Tierra Energy ( (GTE) ) has issued an announcement.

Gran Tierra Energy Inc. announced the continuation of its normal course issuer bid (NCIB) to repurchase up to 3,545,872 shares, aiming to reduce share capital or satisfy equity awards. Between April 4 and April 10, 2025, the company repurchased 50,000 shares at an average price of $3.85 per share, reflecting a strategic move to manage its capital structure and potentially enhance shareholder value.

More about Gran Tierra Energy

Gran Tierra Energy Inc. operates in the energy sector, focusing on oil and gas exploration and production. The company is engaged in activities primarily in South America, with a market focus on developing and producing oil reserves.

YTD Price Performance: -47.41%

Average Trading Volume: 306,759

Technical Sentiment Signal: Strong Buy

Current Market Cap: $142.1M

For detailed information about GTE stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1