Baytex Energy Corp. (BTE) News & EventsBTEBaytex Energy Corp.

Baytex Energy Renews Normal Course Issuer Bid to Buy Up to 70,899,359 Shares

Baytex Energy announced that the Toronto Stock Exchange has accepted the company's notice of intention to renew its normal course issuer bid. The renewed NCIB allows Baytex to purchase up to 70,899,359 common shares during the 12-month period commencing July 2 and ending July 1, 2027 or such earlier time as the NCIB is completed or terminated at the option of Baytex. "Baytex's shareholder returns include a combination of share repurchases and quarterly dividend payments. Renewing the NCIB provides Baytex with the flexibility to continue common share repurchases, which are an efficient means to return capital and improve per share metrics. The number of shares authorized for purchase represents 10% of Baytex's public float, as defined by the TSX, as of June 19, 2026. On June 19, 2026 Baytex had 712,593,536 common shares outstanding," the company stated.

Baytex Energy Shares Down 8.9% to $3.00

Baytex Energy is down -8.9%, or -29c to $3.00.

Baytex Appoints Chad Lundberg as President and COO Effective December 2025

Baytex announces the appointment of Chad Lundberg as President and Chief Operating Officer, effective December 22, 2025. Lundberg joined Baytex in 2018 and has served as Chief Operating Officer since July 2021, playing a key role in the successful development and expansion of the Company's Canadian oil and gas portfolio. Additionally, Tiffany Thom Cepak and Angela Lekatsas have informed the Board of Directors of their intention to step down as directors effective January 1, 2026. Following these departures, the Board of Directors will be comprised of 8 members, 7 of whom are independent.