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Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.
Stocks in play: PHX Energy Services Corp.
Today announced that the Toronto Stock Exchange has accepted PHX Energy's notice of intention to renew its normal course issuer bid for a further one-year term. The previous NCIB expires on August 15. Pursuant to the Corporation's previous NCIB, the Corporation purchased in the open market through the facilities of the TSX and through other alternative Canadian trading platforms and cancelled an aggregate of 1,509,800 common shares of the Corporation at an average price paid of $6.39 per Common Share. PHX Energy Services Corp. shares T.PHX are trading up $0.23 at $7.58.
