CALGARY, Alberta, May 03, 2021 (GLOBE NEWSWIRE) -- “Building on the previous quarter’s operational momentum, Suncor generated $2.1 billion in funds from operations, far exceeding all of our capital expenditures and dividend commitments in the first quarter of 2021,” said Mark Little, president and chief executive officer. “Strong operational performance, combined with the incremental free funds flow benefits from our strategic investments, have enabled us to make significant progress towards our annual debt reduction and share buyback targets. In fact, in the first quarter of 2021, we reduced our total debt by $1.1 billion and repurchased over $300 million in common shares, representing approximately 1% of our outstanding common shares.”
https://www.suncor.com/en-ca/newsroom/news-releases/2221854