Canadian Natural Resources to Launch Share Buyback Program


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Canadian Natural Resource Ltd. ( CNQ ) said Toronto Stock Exchange has accepted notice of the company's intention to make a normal course issuer bid through the facilities of Toronto Stock Exchange. Purchases may also be made through the facilities of the New York Stock Exchange.

The company may, during the 12 month period commencing April 9, 2013 and ending April 8, 2014, purchase for cancellation on Toronto Stock Exchange, alternative Canadian markets, and the New York Stock Exchange up to 54,635,116 shares, being 5% of the 1,092,702,318 outstanding common shares as at March 31, 2013.

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This article appears in: Investing , Commodities

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