ARC files management information circular for arrangement with Shell
The circular is for a special meeting to approve the plan where ARC shareholders will receive Shell shares and cash. Hal Kvisle steps down as chair, Michael Culbert takes over.
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Montney-focused natural gas and condensate producer
arcresources.comLast updated
In short: ARC reached a definitive agreement to be acquired by Shell for $22 billion while reporting record production and financial results for 2025.
The circular is for a special meeting to approve the plan where ARC shareholders will receive Shell shares and cash. Hal Kvisle steps down as chair, Michael Culbert takes over.
This month, ARC matches all donations up to $100,000 to provide food for Calgary kids.
Shareholders approved 12 board members with 95-99% support, PricewaterhouseCoopers as auditors with 99.86%, and executive compensation with 97.98%.
The deal values ARC at $22 billion, offering shareholders $32.80 per share (75% Shell shares, 25% cash), a 27% premium. Closing expected in H2 2026 pending approvals.
(Alliance News) - Shell PLC on Friday announced a pause in its USD3.0 billion share buyback programme until mid-July. The London-based oil major said that...
Shell (LSE:SHEL) agreed to acquire ARC Resources in a US$22b deal to support LNG Canada expansion. The company reported Grade A MiQ methane certification across...
In addition, hedging programs can smooth cash flows by locking in prices for a portion of production, though hedge gains or losses can cause reported...
Shell Plc has entered into a definitive agreement to acquire ARC Resources Ltd., an energy company focused on the Montney shale basin in British Columbia...
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