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Share Capital Authorized
 12 Months Ended
Dec. 31, 2023
Disclosure of Share capital Authorized [Abstract]  
Share Capital Authorized
NOTE 23. SHARE CAPITAL AUTHORIZED
The Company is authorized to issue an unlimited number of common shares. Share capital comprises only one class of ordinary shares. The ordinary shares carry a voting right and a right to a dividend.
Issued and Outstanding
 
    
2023
      2022  
December 31,
   
Number of
common shares
     
Common
share capital
      Number of
common shares		      Common
share capital		  
Opening balance
   
 
123,739,020
 
   
$
589,827
 
      89,678,845      $ 375,524  
Issued on Acquisition (Note 6)
   
 
-
 
   
 
-
 
      34,013,055        213,942  
Exercise of stock options
   
 
217,845
 
   
 
1,771
 
      47,120        361  
Closing balance
   
 
  123,956,865
 
   
$
  591,598
 
        123,739,020      $   589,827  
As a result of the Transaction on October 13, 2022, Enerflex acquired all issued and outstanding Exterran common stock in exchange for 1.021 Enerflex common shares. Enerflex issued 34,013,055 Enerflex common shares with a fair value of $214 million, based on the October 12, 2022 closing share price of $6.29.
Total dividends declared in the year were $12 million, or $0.10 per share (December 31, 2022 – $10 million, or $0.10 per share).