CALGARY, AB, June 6, 2023 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) today announced it obtained an exemption order from the Canadian securities regulators which permits Enerplus to purchase up to 10 percent of its "public float" (within the meaning of the rules of the Toronto Stock Exchange) of common shares through the New York Stock Exchange and other US-based trading systems as part of Enerplus' share repurchase program, including the current normal course issuer bid announced on August 11, 2022. Absent this exemptive relief, Enerplus' purchases under a normal course issuer bid on markets other than the TSX would be limited to not more than 5 percent of its outstanding common shares over any twelve-month period.
Read more at newswire.caEnerplus Announces Granting of Exemptive Relief Regarding its Normal Course Issuer Bid Program
Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.
