Frontera Energy (FECCF) announces the launch, as of the date hereof, of its previously announced substantial issuer bid pursuant to which the Company offers to purchase from holders of common shares of the Company up to 7,583,333 Shares for cancellation at a purchase price of C$12.00 per Share, for an aggregate purchase price not exceeding C$91,000,000. The Offer commences and will expire at 5:00 p.m.on July 10, 2025, unless extended, varied or withdrawn by the Company. Pursuant to the Offer, tendering Shareholders may elect to tender a specified number of Shares.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FECCF:
- Frontera Energy Extends Tender Offer Deadline for Senior Notes
- Frontera Energy Announces Successful Election of Directors at 2025 Annual Meeting
- Frontera Energy Announces CAD$91 Million Share Buyback Initiative
- Frontera Energy Secures $220 Million Loan to Boost Investor Value and Strategic Growth
- Frontera Energy Reports Q1 2025 Earnings and Strategic Moves
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue