BAYTEX ENERGY CORP. (BTE) Form 6-K — Jun 26, 2026
Baytex Energy Corp. announced the renewal of its Normal Course Issuer Bid (NCIB), receiving approval from the Toronto Stock Exchange to purchase up to 70,899,359 common shares. This authorization represents approximately 10% of the company's public float as of June 19, 2026, and the program will run for 12 months commencing July 2, 2026. Under the prior NCIB, Baytex repurchased 56,372,803 common shares at a weighted-average price of CAD $5.38.
Key figures
- Shares Offered
- 70899359
- Shares Outstanding
- 712593536
- Prior avg price cad
- 5.38
- Daily purchase limit tsx
- 1709763
- Prior shares repurchased
- 56372803
- Percentage of public float
- 10%
AI analysis
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