Suncor Accelerates Share Buybacks on Record Cash Flow
Suncor is increasing capital returns after a second quarter that delivered record-matching adjusted funds from operations and record free funds flow per share. It started 2026 repurchasing C$275 million of shares monthly, raised the pace to C$350 million in April, and now expects C$4.7 billion in buybacks. The quarter also returned C$1.8 billion to shareholders and cut net debt to C$4.5 billion.