Key facts
- PrairieSky Royalty Ltd. intends to renew its normal course issuer bid.
- The company can repurchase up to 10% of its outstanding common shares.
- The buyback program will cover a 12-month period.
PrairieSky Royalty Ltd. is a Canadian energy royalty company. Share buybacks are a common way for companies to return capital to shareholders and can signal management's confidence in the company's valuation.