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Enerflex Up Almost 2% After Announcing Share Buyback Plan

Enerflex Ltd. (EFX.TO), a single source supplier of products and services to the global oil and gas production industry, is now up by almost 2% at $12.32 compared to yesterday's $12.12 close, trading just 3 cents below day high, after announcing that it has filed with the Toronto Stock Exchange a Notice of Intention to make a normal course issuer bid to purchase a portion of its common shares.

The company said the normal course issuer bid will be made in accordance with the requirements of the TSX. It may begin to purchase common shares on December 19, 2011.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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