As expected, Hong Kong has taken control. Husky is alive.
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CNRL will own us in 5-7 years anyhow enjoy the ride until then.
JM wanted relationship with them from beginning of tenure at Cenovus and finally made it happen. Share buybacks just increase their stake in Cenovus as the public float decreases with each buyback. Dividend increases should be partnered with buybacks - instead Cenovus has the lowest payout ratio of its peers. Either it doesn't think it can keep making money or its mandated to reduce public shareholdings.
Sad times. How the mighty Cenovus burnt and crashed as Husky weaseled it’s way in and took over
Now we can remove all the Cenovus sc-m with the Husky take over. Finally !!
Well, there’s board independence gone, for a start. The inmates truly are running the asylum now. No checks and balances at all. Just like Husky, and the same fate in store.
This direction was very clear right from day one. It has been great to watch the slow realization of the hard core fanboys.
Cenusky? Huskovus? Either way, I feel so bad for my friends still at cenovus
Long live the old Husky Dog!!!!
Do we just rebrand as Husky now?
And Cenovus is dead.