- The immediate halt of the company's pursuit of accretive acquisitions and focusing instead on returning value to shareholders.
- The initiation of a substantial Dutch auction tender offer at a price range of $3.5 to $4.5; such a tender would significantly enhance the net asset value per share for current shareholders, while providing a liquidity event for selling shareholders.
- Materially increasing the amount of the announced annual dividend.
- The introduction of shareholder representatives on the board of directors.
- The resumption of the strategic review process to further explore alternatives to enhance shareholder value.
Shareholders Group Statement On The Conclusion Of Equal Energy Strategic Review
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