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TK

Teekay To Repurchase Up To $40 Mln Of Shares

September 09, 2024 — 07:31 am EDT

Written by RTTNews.com for RTTNews->

(RTTNews) - Teekay Corp. (TK), a crude oil shipping company, announced on Monday that its Board has authorized a new share repurchase program of up to $40 million of shares.

The timing of purchases and the exact number of shares to be purchased will be subject to its discretion, the company noted.

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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Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
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