Business
Ovintiv Renews Annual Share Buy-Back Program
Ovintiv Inc. (NYSE: OVV), (TSX: OVV) today announced it has received regulatory approvals for the renewal of its share buy-back program. This action is consistent with Ovintiv's capital allocation framework, which returns at least 50 percent of post base dividend Non-GAAP Free Cash Flow to shareholders.
About this update from Ovintiv Inc. (de)
[{"type":"text","content":"Company Receives TSX Approval for Renewal of Normal Course Issuer Bid","length":69,"tagName":"p","attribs":{}},{"type":"text","content":"DENVER, Sept. 29, 2025 /CNW/ - Ovintiv Inc. (NYSE: OVV), (TSX: OVV) today announced it has received regulatory approvals for the renewal of its share buy-back program. This action is consistent with Ovintiv's capital allocation framework, which returns at least 50 percent of post base dividend Non-GAAP Free Cash Flow to shareholders.","length":339,"tagName":"p"},{"type":"image","alt":"Ovintiv Renews Annual Share Buy-Back Program (CNW Group/Ovintiv Inc.)","displaySize":"","headline":null,"caption":"Ovintiv Renews Annual Share Buy-Back Program (CNW Group/Ovintiv Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":155,"height":200,"url":"https://media.zenfs.com/en/prnewswire.com/653a40b747b8dafdcb8ba95cc8998a95"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/xvjhTxOLFHc7aNtwOHhNsA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTI3MTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/653a40b747b8dafdcb8ba95cc8998a95","width":155,"height":200}},"href":"https://mma.prnewswire.com/media/2784826/Ovintiv_Inc__Ovintiv_Renews_Annual_Share_Buy_Back_Program.pdf?p=original","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The Toronto Stock Exchange ("TSX") has accepted Ovintiv's notice of intention to renew its normal course issuer bid ("NCIB") to purchase up to 22,287,709 common shares during the 12-month period commencing October 3, 2025, and ending October 2, 2026. The number of shares authorized for purchase represents 10 percent of Ovintiv's public float as of September 26, 2025, as calculated pursuant to TSX rules. Purchases will be made on the open market through the facilities of the TSX, New York Stock Exchange ("NYSE"), other designated exchanges and/or alternative trading systems in Canada and the United States at the market price at the time of acquisition, as well as by other means permitted by stock exchange rules and securities laws including Rule 10b-18 under the Securities Exchange Act of 1934, as amended.","length":854,"tagName":"p"},{"type":"text","content":"Ovintiv has also renewed its automatic share purchase plan ("ASPP") allowing it to purchase common shares under the NCIB when Ovintiv would ordinar...