OVV - Dividend announcements

Company Receives TSX Approval for Renewal of Normal Course Issuer Bid DENVER, Sept. 29, 2025 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV), (TSX:OVV) today announced it has received regulatory approvals for the renewal of its share buy-back program. This action is consistent with Ovintiv's capital allocation framework, which returns at least 50 percent of post base dividend Non-GAAP Free Cash Flow to shareholders. The Toronto Stock Exchange ("TSX") has accepted Ovintiv's notice of intention to renew its normal course issuer bid ("NCIB") to purchase up to 22,287,709 common shares during the 12-month period commencing October 3, 2025, and ending October 2, 2026. The number of shares authorized for

CALGARY, AB, Nov. 14, 2024 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX:POU) is pleased to announce that it has entered into a purchase and sale agreement (the "Agreement") with Ovintiv Inc. (NYSE:OVV) (TSX:OVV) and one of its wholly-owned subsidiaries (together, "Ovintiv") pursuant to which Ovintiv will acquire Paramount's Karr, Wapiti and Zama properties (the "Assets") for $3.325 billion in cash plus certain Horn River Basin properties of Ovintiv (the "Transaction"). The Assets include approximately 170 net sections of Montney lands with 114 MMBoe of proved developed producing reserves, 270 MMBoe of proved reserves and 523 MMBoe of proved plus probable reserves as

Company Receives TSX Approval for Renewal of Normal Course Issuer Bid DENVER, Sept. 26, 2024 /PRNewswire/ - Ovintiv Inc. (NYSE:OVV) (TSX:OVV) today announced it has received regulatory approvals for the renewal of its share buy-back program. This action is consistent with the Company's capital allocation framework, which returns at least 50 percent of post base dividend Non-GAAP Free Cash Flow to shareholders. The Toronto Stock Exchange ("TSX") has accepted Ovintiv's notice of intention to renew its normal course issuer bid ("NCIB") to purchase up to 25,920,545 common shares during the 12-month period commencing October 3, 2024, and ending October 2, 2025. The number of shares authorized f

Company Receives TSX Approval for Renewal of Normal Course Issuer Bid DENVER, Sept. 26, 2023 /PRNewswire/ - Ovintiv Inc. (NYSE:OVV) (TSX:OVV) today announced it has received regulatory approvals for the renewal of its share buy-back program. This action is consistent with the Company's capital allocation framework, which returns at least 50 percent of post base dividend Non-GAAP Free Cash Flow to shareholders. The Toronto Stock Exchange ("TSX") has accepted Ovintiv's notice of intention to renew its normal course issuer bid ("NCIB") to purchase up to 26,734,819 common shares during the 12-month period commencing October 3, 2023, and ending October 2, 2024. The number of shares authorized f

Company Receives TSX Approval for Renewal of Normal Course Issuer Bid DENVER, Sept. 28, 2022 /PRNewswire/ - Ovintiv Inc. (NYSE:OVV) (TSX:OVV) today announced it has received regulatory approvals for the renewal of its share buy-back program. This action is consistent with the Company's capital allocation framework, which supports the goal of unlocking shareholder value by delivering on Ovintiv's strategic priorities of financial strength, increasing cash returns to shareholders, generating superior returns on capital investment, and driving ESG progress. In July of 2022, the Company elected to double its cash returns to shareholders to 50% of the previous quarter's Non-GAAP Free Cash Flow

DENVER, July 6, 2022 /PRNewswire/ - Ovintiv Inc. (NYSE:OVV) (TSX:OVV) today announced it has reached agreements with two counterparties to sell portions of its assets located in the Uinta and Bakken Basins for total proceeds of approximately $250 million. As a result of these agreements and continued strong financial and operational results, Ovintiv has elected to accelerate the doubling of its cash returns to shareholders. Starting immediately for the third quarter, Ovintiv will increase its returns to shareholders to 50% of the previous quarter's Non-GAAP Free Cash Flow after base dividends. Previously the company had planned to increase cash returns to the 50% level starting October 1st

Company Announces TSX Acceptance of Normal Course Issuer Bid DENVER, Sept. 28, 2021 /PRNewswire/ - Ovintiv (NYSE:OVV) (TSX:OVV) today announced it is progressing its commitment to increase shareholder returns with the receipt of regulatory approvals for a share buy-back program. This action is consistent with the Company's capital allocation framework, which supports the goal of unlocking shareholder value by delivering on Ovintiv's strategic priorities of financial strength, increasing cash returns to shareholders, generating superior returns on capital investment, and driving ESG progress. The TSX has accepted Ovintiv's notice of intention to implement a normal course issuer bid (NCIB

DENVER, Sept. 9, 2021 /PRNewswire/ - Ovintiv Inc. (NYSE:OVV) (TSX:OVV) today announced a new capital allocation framework, which supports the Company's goal of unlocking shareholder value by delivering on its strategic priorities of financial strength, increasing cash returns to shareholders, generating superior returns on capital investment, and driving ESG progress. "We are committed to unlocking shareholder value by delivering on our strategic priorities," said Ovintiv President and CEO, Brendan McCracken. "We are at the forefront of driving innovation to produce oil and gas from shale both profitably and sustainably.  We will generate superior returns and free cash flow by continuously

DENVER, Feb.17, 2021 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today, in conjunction with reporting its fourth quarter and full-year 2020 results, provided an update on enhanced corporate governance, compensation and environmental initiatives. Highlights: Executive Compensation: Modified executive compensation program, adding debt reduction to short term incentive structure, as well as the inclusion of the S&P and XOP indices in Ovintiv's performance share unit (PSU) peer group, a return on invested capital (ROIC) metric in the Company's long term incentive (LTI) structure, and the addition of a methane emissions intensity target across the incentive pay structure for all employees