Stock BuybacksBy The Online Investor Staff, updated Thu., Aug. 18, 6:28 AM
|This Slide: #13 of 25|
Slide #13. Enerplus Corporation
Enerplus Corporation (NYSE:ERF)
Share Amount Authorized:
Enerplus Corporation ("Enerplus" or the "Company") (TSX: ERF) (NYSE: ERF) today announced acceptance by the Toronto Stock Exchange (the "TSX") of its notice to commence a normal course issuer bid (the "Bid"). Pursuant to the Bid, Enerplus proposes to purchase through the facilities of the TSX, the New York Stock Exchange and/or alternative trading systems, from time to time over the next 12 months, if considered advisable, up to 23,140,231 common shares, being 10% of the public float of Enerplus (within the meaning under the TSX rules) as of August 4, 2022.
Enerplus has crude oil and natural gas property interests located in the U.S., primarily in North Dakota, Colorado and Pennsylvania, as well as in western Canada, primarily in the provinces of Alberta and Saskatchewan.
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Strong Buy (3.71 out of 4)
(ranked higher than approx. 61% of all stocks covered)
Based on Zacks ABR data;
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