The Online Investor
Stock Buybacks
Contrarian Outlook
Stock Option Ideas
Preferred Stock Newsletter
ChartZero.com
CNQ Buyback image

Canadian Natural Resources Limited Buyback

OLI recorded this information on 3/8/2024

Company: Canadian Natural Resources Limited
Buyback: CNQ buyback
Share Amount Authorized: 90,231,429
Buyback Details: Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural") announced today that the Toronto Stock Exchange ("TSX") has accepted notice filed by Canadian Natural of its intention to make a Normal Course Issuer Bid ("NCIB") through the facilities of the TSX or other alternative Canadian trading systems. Purchases may also be made through the facilities of the New York Stock Exchange. The notice provides that Canadian Natural may, during the 12 month period commencing March 13, 2024 and ending March 12, 2025, purchase for cancellation up to 90,231,429 shares, being 10% of the public float as at February 29, 2024. Canadian Natural will not acquire through the facilities of the TSX more than 1,735,010 common shares during a trading day, being 25% of the average daily trading volume of its common shares on the TSX for the six calendar months prior to the date of approval of the NCIB, subject to certain prescribed exceptions. The price which Canadian Natural will pay for any such shares will be the market price at the time of acquisition. The actual number of common shares that may be purchased and the timing of any such purchases will be determined by Canadian Natural.

Canadian Natural Resources is an independent energy company engaged in the acquisition, exploration, development, production, marketing and sale of crude oil, natural gas and natural gas liquids. Co.'s principal regions of operations are western Canada, the U.K. sector of the North Sea and Offshore Africa.
Open the CNQ Page at The Online Investor »

Company Name:  Canadian Natural Resources Ltd
Stock buyback:  CNQ buyback
Website:  www.cnrl.com
Sector:  Oil & Gas Exploration & Production
Number of ETFs Holding CNQ:  10
Total Market Value Held by ETFs:  $190.91M
Total Market Capitalization:  $84.37B
% of Market Cap. Held by ETFs:  0.23%
 

Open the CNQ Page at The Online Investor (in a new window) »

April 26, 2024    1:32 AM Eastern
Quotes delayed 20 minutes

Email EnvelopeFree CNQ Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Buy (2.94 out of 4)
22nd percentile
(ranked lower than approx. 78% of all stocks covered)

Analysts' Target Price:
CNQ Stock Forecast

Based on Zacks ABR data;
powered by Xignite

CNQ Buyback | www.TheOnlineInvestor.com | Copyright © 1998 - 2024, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.