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The latest update is out from Gran Tierra Energy ( (GTE) ).
Gran Tierra Energy Inc. announced a transaction involving its own shares under a normal course issuer bid (NCIB) approved by the Toronto Stock Exchange. The company aims to purchase up to 3,545,872 shares for cancellation or to satisfy awards under its 2007 Equity Incentive Plan. Recent transactions from April 11 to April 17, 2025, involved purchasing 50,000 shares at an average price of $4.32 per share, totaling $215,958.60. This move is part of Gran Tierra’s strategy to manage its share capital and incentivize its workforce.
More about Gran Tierra Energy
Gran Tierra Energy Inc. operates in the energy sector, focusing primarily on oil and gas exploration and production. The company is active in various markets, leveraging its expertise to enhance its energy production capabilities.
YTD Price Performance: -39.58%
Average Trading Volume: 299,902
Technical Sentiment Signal: Buy
Current Market Cap: $163.3M
For detailed information about GTE stock, go to TipRanks’ Stock Analysis page.
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