Frontera Announces Launch of CAD$91,000,000 Million (Approximately US$65 Million) Substantial Issuer Bid
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 02 2025
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Source: Yahoo Finance
Frontera Energy Corporation's Issuer Bid: Frontera Energy has launched a substantial issuer bid to purchase up to 7,583,333 common shares at CAD$12.00 per share, totaling a maximum of CAD$91 million (approximately US$65 million), with the offer expiring on July 10, 2025.
Shareholder Participation and Company Strategy: The offer is optional for shareholders, who can choose how many shares to tender, and aims to maximize shareholder value; the company also considers additional strategic initiatives beyond this offer to enhance capital returns.
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.
