TSX:WCPOil and Gas
Assessing Whitecap Resources (TSX:WCP) Valuation After Announcing A Nearly 10% Share Buyback
Whitecap Resources (TSX:WCP) is back in focus after announcing a new normal course issuer bid to repurchase up to 120,706,244 shares, almost 10% of its share count, for cancellation.
See our latest analysis for Whitecap Resources.
The new buyback comes after a strong run in the share price, with a 39.26% year to date share price return and a 95% total shareholder return over the past year. This suggests momentum has been building alongside dividend and leadership updates.
If this kind of...