Nexen Inc shareholders voted overwhelmingly on Thursday to approve CNOOC Ltd's $15.1 billion offer to purchase the Canadian oil and gas producer. The company's common and preferred shareholders both strongly backed the bid by the Chinese state-controlled oil producer. CNOOC offered C$27.50 per common share for Nexen, which has operates in Canada, the Gulf of Mexico, the North Sea and elsewhere.Nexen shares were up 9 Canadian cents to C$24.75 in early trading on the Toronto Stock Exchange.
Nexen Inc. (Nexen) is an independent global energy company. Shares of NXY fell by 0.2% or $-0.05/share to $25.27. In the past year, the shares have traded as low as $13.63 and as high as $26.21. On average, 9341550 shares of NXY exchange hands on a given day and today's volume is recorded at 1271655.
Nexen Inc. (Nexen) is an independent global energy company. Shares of NXY traded higher by 0.32% or $0.08/share to $24.75. In the past year, the shares have traded as low as $14.20 and as high as $26.70. On average, 2856250 shares of NXY.TO exchange hands on a given day and today's volume is recorded at 582841.
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