Rockpoint Gas Storage Gets Approval for Share-Buyback Program

Dow Jones03-25 20:25

By Robb M. Stewart

Rockpoint Gas Storage launched a buyback program for the equivalent of up to 10% of the public float of its shares.

The North American operator of natural-gas storage facilities said Wednesday the Toronto Stock Exchange accepted its plans to begin a normal course issuer bid, under which it can buy up to 5.3 million of its class A shares over a 12-month period beginning Friday.

Shares can be purchased through the facilities of the Toronto exchange or other alternative trading systems in Canada.

The Canadian company's shares have risen 1.5% so far this year, last closing at C$28.42.

Write to Robb M. Stewart at robb.stewart@wsj.com

(END) Dow Jones Newswires

March 25, 2026 08:25 ET (12:25 GMT)

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