Northern Oil and Gas (NOG) announced that its Board of Directors has authorized an $100 million increase to the Company’s previously announced July 2024 share repurchase program. Immediately prior to the increase, NOG had $100 million remaining on this share repurchase program. The increase replenishes NOG’s share repurchase program at a time of increased volatility. Quarter to date, the Company has repurchased approximately $10.0 million or 334,982 shares of its common stock at an average price of $29.86, inclusive of commissions.
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