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Stock impact report

Epsilon Reports Plan to Continue to Repurchase Shares Pursuant to a Previously Announced Normal Course Issuer Bid [Canadian Business Journal (Canada)]

Epsilon Energy Ltd. - Common Shares (EPSN) 
HOUSTON, Jan. 23, 2020 (GLOBE NEWSWIRE) — Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) previously announced in May of 2019 that Epsilon would begin a normal course issuer bid over the course of one year to purchase up to 1,367,762 shares or 5% of outstanding shares. As of today, Epsilon has purchased 696,096 shares for the previously authorized $2.5 million at an average price of $3.59 per share.  The Board of Directors has recently authorized an additional US $2.5 million to continue the repurchase program for up to the remaining amount of 671,666 of outstanding common shares of Epsilon. The program will end on , 2020 unless the maximum amount of common shares is purchased before then or Epsilon provides earlier notice of termination. Repurchases may be made at management’s discretion from time to time through the facilities of the NASDAQ Global Market. The price paid for the common shares will be, subject to applicable securities laws, the prevailing market price Show less Read more
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