Targa Resources (TRGP) has provided an update.
Targa Resources Corp. has launched an ambitious new share repurchase program, committing to buy back up to $1.0 billion of its common stock. This program, which is effective immediately, enhances the company’s capacity to repurchase shares, adding to the funds remaining from a previous program initiated in May 2023. Share buybacks will be executed as per legal requirements and may be stopped at the company’s discretion. Investors are encouraged to keep an eye on Targa’s various communication channels for significant updates.
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