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Calfrac launches share buyback program to repurchase up to 5% of its shares by May 2027.

Company Fundamentals
28 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Calfrac Well Services Ltd. has received approval from the Toronto Stock Exchange to start a normal course issuer bid, allowing it to repurchase up to 5,023,580 common shares, about 5% of its outstanding shares. The buyback program aims to reflect the company's true value and will run from June 1, 2026, to May 31, 2027. Shares will be bought at market prices and cancelled, with daily limits and an automatic purchase plan to navigate blackout periods. This move provides flexibility for share repurchases while maintaining focus on debt repayment and capital investment.

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