Petro-Canada plans share buy back
Don Whiteley Petroleum News contributing writer
Flush with cash from soaring oil and gas prices, Petro-Canada hopes to buy back up to 21-million common shares at a cost of about $1.23 billion. The move follows hard on the heels of nearly $2 billion worth of acquisitions made in the last month by the Canadian oil company. “The share buyback will e....
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