tiprankstipranks
Propetro Holding Doubles Buyback Program to $200 Million
Company Announcements

Propetro Holding Doubles Buyback Program to $200 Million

Don't Miss our Black Friday Offers:

The latest update is out from Propetro Holding (PUMP).

ProPetro Holding Corp. recently announced that their Board of Directors has approved an expansion and extension of the company’s share repurchase program. The updated program now allows for the buyback of an additional $100 million in common shares, bringing the total to $200 million, and extends the duration of the program until May 31, 2025. This move reflects the company’s commitment to shareholder value and strategic capital management.

Find detailed analytics on PUMP stock on TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App