09:41 AM EST - Obsidian Energy Ltd. : Announced that the Toronto Stock Exchange has accepted Obsidian Energy's notice of intention to commence a normal course issuer bid. The NCIB allows Obsidian Energy to purchase up to 8,073,847 common shares (representing 10% of Obsidian Energy's public float, as defined by the TSX, as of February 13, 2023) over a period of 12 months commencing on February 27, 2023. On February 13, 2023, Obsidian Energy had 82,442,210 common shares outstanding and 80,738,477 common shares in its public float. The NCIB will expire no later than February 26, 2024. Obsidian Energy Ltd.
shares T.OBE are trading unchanged at $8.13.
