Utah's Pioneer Oil notes tender offer results
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Pioneer Oil and Gas, a small publicly held South Jordan-based exploration and production company, said it acquired nearly 1.5 million of shares of its stock through a $1 per share tender offer that closed on August 15.
As a result of the acquisition of those shares and their subsequent cancellation, Pioneer now has just over 6 million shares outstanding.
Pioneer's stock is traded over-the-counter under the symbol POGS.