Our Dividend Reinvestment Plan (the "Plan") provides our eligible shareholders with a convenient and cost-effective method to maximize their investment in Baytex by reinvesting their monthly cash dividends to acquire additional common shares. Under the Plan, we have the discretion to issue common shares from treasury (at 97% of the average market price) or to acquire common shares in the market at prevailing market prices.
If you are an eligible shareholder and you wish to participate in the Plan, please read through the following copy of the Plan and complete the authorization form.
We welcome all Canadian and United States shareholders to participate in our Dividend Reinvestment Plan. Please take a few moments to complete the attached Authorization form.
Our operations are organized into Canadian Heavy Oil, Canadian Light Oil and Gas and United States business units.
In addition to shareholders, Baytex has a responsibility to the communities in which we work and do business.
Learn more about the
business of heavy oil in our marketing section.