Talisman Energy Completes Filings for Renewal of Normal Course Issuer Bid
27 Novembre 2009 - 8:41PM
Marketwired
Talisman Energy Inc. (TSX: TLM) (NYSE: TLM) has made the necessary
filings to renew its Normal Course Issuer Bid.
Pursuant to the Normal Course Issuer Bid, which Talisman has
renewed routinely, Talisman may purchase for cancellation, during
the 12-month period commencing December 2, 2009 and ending December
1, 2010, up to 50,945,743 of its common shares, representing 5% of
the common shares outstanding as at November 18, 2009. The daily
purchase limit is 957,476 common shares, representing 25% of the
average daily trading volume for the six calendar months prior to
the approval of the bid by the TSX. As at November 18, 2009 there
were approximately 1,018,914,864 common shares issued and
outstanding.
Purchases under the Normal Course Issuer Bid will be made
through the facilities of the Toronto Stock Exchange and the New
York Stock Exchange. The purchase and payment for the common shares
will be made by the Company in accordance with the policies of the
exchange through which the common shares are purchased. Talisman
believes that the repurchase of its shares is one way of creating
shareholder value.
Talisman Energy Inc. is a global, diversified, upstream oil and
gas company, headquartered in Canada. Talisman's three main
operating areas are North America, the North Sea and Southeast
Asia. The Company also has a portfolio of international exploration
opportunities. Talisman is committed to conducting business safely,
in a socially and environmentally responsible manner, and is
included in the Dow Jones Sustainability (North America) Index.
Talisman is listed on the Toronto and New York Stock Exchanges
under the symbol TLM. Please visit our website at
www.talisman-energy.com.
Contacts: Talisman Energy Inc. - Media and General Inquiries
David Mann, Vice-President, Corporate & Investor Communications
(403) 237-1196 (403) 237-1210 (FAX) tlm@talisman-energy.com
www.talisman-energy.com Talisman Energy Inc. - Shareholder and
Investor Inquiries Christopher J. LeGallais, Vice-President,
Investor Relations (403) 237-1957 (403) 237-1210 (FAX)
tlm@talisman-energy.com www.talisman-energy.com
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