Frontera announces Normal Course Issuer Bid, signalling confidence in future growth
Calgary, Alberta – July 16, 2025 – Frontera Energy Corporation (TSX: FEC), a prominent player in the energy sector, today announced its intention to implement a Normal Course Issuer Bid (NCIB). This strategic move, approved by the Toronto Stock Exchange, allows Frontera to repurchase up to 10% of its issued and outstanding common shares over a 12-month period, commencing July 21, 2025.
The decision to initiate an NCIB reflects a strong belief in the intrinsic value of Frontera’s assets and its future growth prospects. By repurchasing its own shares, the company aims to enhance shareholder value and signal confidence in its ongoing operational and financial performance. This initiative underscores Frontera’s commitment to delivering sustainable returns to its investors.
Frontera plans to conduct the NCIB through the facilities of the Toronto Stock Exchange. The company believes that this program will provide flexibility in managing its capital structure and potentially offset the dilutive effect of its share-based compensation plans. The timing and number of shares repurchased will be determined by management based on market conditions and other factors, ensuring that the program is executed in a manner that is most beneficial to the company and its shareholders.
This announcement comes at a time when Frontera is actively pursuing strategic opportunities to expand its operational footprint and enhance its production capabilities. The company’s prudent financial management and disciplined approach to capital allocation have positioned it well to capitalize on emerging market trends and deliver long-term value.
Investors are encouraged to review Frontera’s public filings for further details regarding the NCIB. The company remains focused on its core business, operational excellence, and creating a sustainable and profitable future for all its stakeholders.
Frontera Announces Normal Course Issuer Bid
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