|Bid||1.63 x 0|
|Ask||1.69 x 0|
|Day's Range||1.69 - 1.70|
|52 Week Range||1.64 - 3.08|
|PE Ratio (TTM)||1.47|
|Earnings Date||Mar 19, 2018 - Mar 23, 2018|
|Forward Dividend & Yield||0.30 (6.09%)|
|1y Target Est||2.44|
CALGARY, Feb. 2, 2018 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") announces that it has today completed the acquisition of 12.7 million of its outstanding shares from its largest shareholder. Journey has today closed the previously announced acquisition of 12.7 million common shares from MIE Maple Investments Limited ("MIE") at a price of $1.68 per share (the "Share Repurchase"). The shares repurchased have been returned to treasury for cancellation. After the Share Repurchase, MIE will continue to hold 3.7 million of Journey's approximately 38.5 million shares outstanding.
CALGARY, Jan. 22, 2018 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") announces that it will purchase 12.7 million of its outstanding shares from its largest shareholder, MIE Maple Investments Limited ("MIE") for cancellation. Journey is also providing an update on 2018 activities, including new guidance, and announcing the accumulation of a material land position in an emerging Duvernay resource play. After a review of its corporate obligations, MIE has decided to reduce its investment in Journey, providing the Company with a unique opportunity to purchase 12.7 million of its shares for cancellation (the "Share Repurchase"). The purchase price will be $1.68 per share, for an aggregate cost of $21.3 million. The price per share represents a 5% discount to the 20 day volume weighted average price of Journey's shares immediately preceding today's date. After closing of the Share Repurchase, which is currently anticipated to be on February 2, MIE will continue to hold 3.7 million of Journey's 38.5 million pro-forma shares outstanding. Concurrently with the Share Repurchase, MIE will reduce its Board representation from two members to one. Mr. Andrew Harper will resign from the Board, while Mr. Ruilin Zhang will continue as a Board member. Journey would like to thank Mr. Harper for his support over the past year and wish him well in his future endeavors.
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CALGARY , Nov. 6, 2017 /CNW/ - Journey Energy Inc. (JOY – TSX) (" Journey " or the " Company ") announces its financial and operating results for the three and nine month periods ending ...