Reported Sunday, Suncor To Sell Non-Core Offshore Assets For C$1.2B Cash Plus Up To C$350M Contingent, Lifts Monthly Buybacks To C$750M From C$500M
Agreement reached to sell interests in Terra Nova, White Rose, and West White Rose for $1.2 billion cash and an additional contingent payment of up to $350 millionIncreased share repurchases from $500 million to $750