Pilgrim Petroleum Announces $1.5 Million Stock Repurchase Plan Wednesday November 29, 7:30 am ET
DALLAS--(BUSINESS WIRE)--Pilgrim Petroleum Corporation (Pink Sheets: PGPM - News), an independent oil and gas company, announces today that the Board of Directors has approved, effective immediately, a repurchase plan to buy up to $1.5 million of its common stock.
Pilgrim shares may be repurchased from time to time in the open market through negotiated block trades or otherwise at the Company's discretion, based on ongoing assessments of capital needs of the business, the market price of its stock, general market conditions and other factors. These repurchases may be commenced or suspended at any time, or from time to time, without prior notice. No time limit has been set for the completion of the repurchase program. The shares repurchased will become treasury shares, and may be used later for general corporate purposes.
Market Data 
Markets 
AI
