Tranche Update on Enterprise Group, Inc. (TSX:E)'s Equity Buyback Plan announced on August 21, 2019.
March 13, 2020 at 05:31 pm IST
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From October 1, 2019 to December 31, 2019, the company has repurchased 1,317,500 shares, representing 2.51% for CAD 0.22 million. With this, the company has completed the repurchase of 1,317,500 shares, representing 2.51% for CAD 0.22 million under the buyback announced on August 21, 2019.
Enterprise Group, Inc. is a consolidator of services, including specialized equipment rental to the energy/resource sector. The Company works with systems and technologies that mitigate, reduce, or eliminate carbon dioxide (CO2) and greenhouse gas emissions for itself and its clients. It provides specialized equipment and services in the build out of infrastructure for the energy, pipeline, and infrastructure construction industries. It has fleet of wellsite modular/combo equipment, specialized heating units, tunnelling equipment, and other heavy equipment pieces. It offers specialized infrastructure services, such as coat curing, thermal pipe expansion, scaffolding and more. It provides low emission, mobile power systems and associated surface infrastructure to the energy, resource, and Industrial sectors, through its subsidiary, Evolution Power Projects, Inc. Its other subsidiaries include Westar Oilfield Rentals Inc., Hart Oilfield Rentals Ltd., and Artic Therm International Ltd.