Suncor Energy's Board of Directors has approved a quarterly dividend of $0.29 per share on its common shares, payable March 25, 2016 to shareholders of record at the close of business on March 4, 2016. Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development and upgrading, conventional and offshore oil and gas production, petroleum refining, and product marketing under [...]
CALGARY, ALBERTA--(Marketwired - Jan 27, 2016) - Suncor will release its fourth quarter financial results on Wednesday, February 3, 2016 before 8:00 p.m. MT (10:00 p.m. ET). A teleconference to review the fourth quarter will be held on Thursday, February 4 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Steve Williams, president and chief executive officer and Alister Cowan, executive vice president and [...]
Suncor Energy and Canadian Oil Sands today announced the filing and mailing of a notice of variation and change to Suncor's offer and a notice of change to the COS directors' circular. These changes relate to the previously announced increase in the original offer to COS shareholders to 0.28 of a Suncor share for each COS share (the "Amended Offer"). The Amended Offer also provides for, among other things, an extension of [...]
Suncor Energy and Canadian Oil Sands are pleased to announce that they have reached an agreement to support the offer by Suncor to purchase all of the shares of COS. Under the terms of the support agreement Suncor has agreed to amend its offer to provide for an increase in the original offer to COS shareholders to 0.28 of a Suncor share for each COS share. The Amended Offer, with a total aggregate transaction value of [...]
Suncor Energy today provided perspective on the extension of its offer for Canadian Oil Sands before it expires at 6:00 p.m. MT (8:00 p.m. ET) Wednesday, January 27. "We are encouraged by the number of shares that have been tendered," said Steve Williams, Suncor's president and chief executive officer. "We believe strongly in the value of the offer for COS shareholders, including a large premium to the pre-offer price, a [...]
CALGARY, ALBERTA--(Marketwired - Jan 8, 2016) - Suncor Energy today announced it has extended its offer to Canadian Oil Sands Ltd. ("COS") shareholders to 6:00 p.m. MT (8:00 p.m. ET) on Wednesday, January 27, 2016. About Suncor's Offer to COS shareholders Full details of the offer and the related documents are available under the COS profile at sedar.com and through Suncor's website at suncorofferforcanadianoilsands.com [...]
(All dollar amounts referenced are in Canadian dollars unless otherwise specified) CALGARY, ALBERTA--(Marketwired - Jan 7, 2016) - Suncor Energy today reminded Canadian Oil Sands Ltd. ("COS") shareholders that its offer will expire at 6:00 p.m. MT (8:00 p.m. ET) on Friday, January 8, 2016. Suncor urges COS shareholders to tender their shares to receive a significant premium, a dividend increase and the value of becoming [...]
(All dollar amounts referenced are in Canadian dollars unless otherwise specified) CALGARY, ALBERTA--(Marketwired - Jan 5, 2016) - Suncor Energy will hold an investment community webcast / Q&A today at 7:30 a.m. MT (9:30 a.m. ET) to discuss the value of its offer to purchase all of the shares of Canadian Oil Sands Ltd. ("COS"). Canadian Oil Sands shareholders are encouraged to participate. To participate in the [...]
- Suncor urges COS shareholders to tender their shares immediately to protect the value of their investment - Suncor to host investment community webcast / Q&A tomorrow at 7:30 a.m. MT (9:30 a.m. ET) to discuss the value of its offer (All dollar amounts referenced are in Canadian dollars unless otherwise specified) CALGARY, ALBERTA--(Marketwired - Jan 4, 2016) - Suncor Energy today urged shareholders of [...]
COS shareholders must take action to protect the value of their investment (All dollar amounts referenced are in Canadian dollars unless otherwise specified) CALGARY, ALBERTA--(Marketwired - Dec 15, 2015) - Suncor Energy today announced that it is sending a letter to shareholders of Canadian Oil Sands Ltd. ("COS"). The letter outlines the value of Suncor's offer to purchase all of the shares of COS against the poor [...]
(All dollar amounts referenced are in Canadian dollars unless otherwise specified) CALGARY, ALBERTA--(Marketwired - Dec 3, 2015) - Suncor Energy today announced it has extended its offer to Canadian Oil Sands Ltd. ("COS") shareholders. Suncor will file a corresponding notice of extension to formally extend the expiry time of its offer to 6:00 p.m. MT (8:00 p.m. ET) on Friday, January 8, 2016. "Our offer is full and fair [...]
CALGARY, ALBERTA--(Marketwired - Nov 26, 2015) - Suncor Energy today posted documents on its offer web site which had been previously filed with the Alberta Securities Commission ("ASC"). The documents include written submissions and supporting material as to why Suncor believes the ASC should strike down a 120-day shareholder rights plan adopted by the Board of Canadian Oil Sands Ltd. ("COS"). The ASC's hearing on this [...]
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