tiprankstipranks
High Arctic Energy Announces Shareholder Payout
Company Announcements

High Arctic Energy Announces Shareholder Payout

High Arctic Energy Services (TSE:HWO) has released an update.

Don't Miss our Black Friday Offers:

High Arctic Energy Services has declared a $0.76 per share return of capital to its shareholders, with a record date of July 9, 2024, and payment by July 17, 2024. This move follows the company’s lucrative asset divestiture in 2022 and is part of a strategic plan that includes an upcoming arrangement with High Arctic Overseas Holdings Corp. The return of capital is anticipated to be a more tax-efficient benefit to shareholders compared to a dividend.

For further insights into TSE:HWO stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskHigh Arctic Completes Reorganization and Reports Q2 Results
TipRanks Canadian Auto-Generated NewsdeskHigh Arctic Completes Major Corporate Reorganization
TipRanks Canadian Auto-Generated NewsdeskHigh Arctic Nears Completion of Business Split
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