Frontera Announces Terms of CAD$91 Million (US$65 Million) Substantial Issuer Bid
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 22 2025
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Should l Buy ?
Source: Yahoo Finance
Frontera Energy's Share Buyback Offer: Frontera Energy Corporation has announced a substantial issuer bid to purchase up to 7,583,333 shares at CAD$12.00 per share, totaling CAD$91 million (approximately US$65 million), which represents a 24.9% yield based on the company's stock price prior to the announcement.
Return of Capital to Shareholders: Over the past twelve months, Frontera has returned approximately US$144 million to shareholders through various initiatives, including this buyback offer, and plans to continue considering additional strategic initiatives to maximize shareholder value.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
