Rockpoint Gas Storage Gets Approval for Share-Buyback Program
Dow Jones03-25
By Robb M. Stewart
Rockpoint Gas Storage launched a buyback program for the equivalent of up to 10% of the public float of its shares.
The North American operator of natural-gas storage facilities said Wednesday the Toronto Stock Exchange accepted its plans to begin a normal course issuer bid, under which it can buy up to 5.3 million of its class A shares over a 12-month period beginning Friday.
Shares can be purchased through the facilities of the Toronto exchange or other alternative trading systems in Canada.
The Canadian company's shares have risen 1.5% so far this year, last closing at C$28.42.
Write to Robb M. Stewart at robb.stewart@wsj.com
(END) Dow Jones Newswires
March 25, 2026 08:25 ET (12:25 GMT)
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