Valeura Implements Share Buyback Programme

GlobeNewswire

November 12, 2024



SINGAPORE, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) ("Valeura" or the "Company") is pleased to announce that it has received Toronto Stock Exchange ("TSX") approval of the Company's notice of intention to make a Normal Course Issuer Bid ("NCIB").  The NCIB will commence on November 14, 2024 and end on November 13, 2025, or such earlier date as Valeura may determine or upon completion of purchases pursuant to the NCIB. The purpose of the NCIB is to deploy a portion of the Company's cash resources on hand and future free cash flow to purchase common shares in the capital of the Company (the "Shares") in the open market and cancel these Shares.  

Related

---