Gran Tierra Energy Inc (GTE) has released an update.
Gran Tierra Energy Inc. has actively engaged in its normal course issuer bid, purchasing company shares through the Toronto Stock Exchange. From April 12 to April 18, 2024, the company acquired 33,612 of its own shares, spending a gross value of CAD 367,595.90. This buyback is part of a strategy to reduce share capital or fulfill equity incentive plan awards, with the program running until November 2024 or until the maximum share threshold is met.
For further insights into GTE stock, check out TipRanks’ Stock Analysis page.
