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Pulse Seismic Inc - PLSDF STOCK NEWS

Welcome to our dedicated news page for Pulse Seismic (Ticker: PLSDF), a resource for investors and traders seeking the latest updates and insights on Pulse Seismic.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Pulse Seismic's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Pulse Seismic's position in the market.

Rhea-AI Summary
Pulse Seismic Inc. (PLSDF) initiates an automatic share purchase plan to repurchase common shares under its normal course issuer bid. The company plans to buy up to 2,957,406 common shares, representing 10% of the public float, with 634,400 shares already purchased at an average price of $1.88. The broker can buy shares during regulatory restrictions to enhance repurchase efficiency.
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Pulse Seismic Inc. reports exceptional financial performance for 2023 with significant increases in sales, dividends, and shareholder returns. The company remains debt-free, with strong cash reserves and a positive outlook for the energy industry in 2024.
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Rhea-AI Summary
Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) has announced the acceptance of its Notice of Intention to commence a normal course issuer bid by the Toronto Stock Exchange. The bid allows Pulse to purchase up to 2,957,406 common shares, representing 10% of the public float. The duration of the bid is from December 20, 2023, through December 19, 2024. Since 2003, Pulse has returned approximately $137.8 million to its shareholders through dividends and share buybacks. Pulse is a market leader in the acquisition, marketing, and licensing of 2D and 3D seismic data to the western Canadian energy sector, owning the largest licensable seismic data library in Canada.
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Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) announces an $8.5 million seismic data licensing sales agreement and a special dividend of $0.20 per common share. The licensing agreement includes two tranches, bringing the year-to-date revenue to $37.3 million. The special dividend will be paid on January 8, 2024, to shareholders of record on December 21, 2023.
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Pulse Seismic Inc. announces a $7.7 million seismic data licensing sales contract, bringing year-to-date sales to $30.7 million, a 328% increase over 2022. The company operates with a lean cost structure, pays regular and special dividends, and has bought back shares worth $12.0 million in 2023.
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Pulse Seismic reports financial results for Q3 2023, approves quarterly dividend of $0.01375 per share, and highlights strong data library sales. The company has already distributed $0.19 per share in dividends in 2023. Total revenue for Q3 2023 was $5.1 million compared to $2.2 million in Q3 2022. Net earnings for Q3 2023 were $393,000 compared to a net loss of $1.7 million in Q3 2022. EBITDA for Q3 2023 was $3.3 million compared to $741,000 in Q3 2022. Pulse paid a special dividend of $0.15 per share and a regular quarterly dividend of $0.01375 per share in Q3 2023. The company has purchased 945,506 shares for $1.8 million in 2023. Pulse is debt-free and has a cash balance of $9.8 million as of September 30, 2023.
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Pulse Seismic Inc

OTC:PLSDF

PLSDF Rankings

PLSDF Stock Data

87.00M
42.12M
17.95%
25.58%
Support Activities for Oil and Gas Operations
Mining, Quarrying, and Oil and Gas Extraction
Link
Canada
Calgary