Murphy Oil Initiates $125MM Share Repurchase Program
The Board of Directors of Murphy Oil Corporation has authorized a share repurchase program of up to $125 million of the Company's shares of common stock.
This program is in addition to the previous board authorized program to repurchase up to $1 billion of the Company's shares of common stock, which was recently completed. Murphy may utilize a number of different methods to effect the repurchases, including but not limited to, open market purchases, accelerated share repurchases and negotiated block purchases, and some of the repurchases may be effected through Rule 10b5-1 plans. The timing and amount of the repurchase will depend upon several factors, including market, financing and business conditions, and the repurchases may be discontinued at any time.
The program is expected to be completed by December 31, 2014.
United States Related Financings
| Announced Date | Title | Company | Value($MM) | Financing Type |
|---|---|---|---|---|
| 2021-03-10 | ConocoPhillips Launches $1.5B Share Buyback Program | ConocoPhillips | 1,500 | Buy Back |
| 2019-10-07 | Conoco to Buy Back $3.0 Billion Worth of Shares in 2020 | ConocoPhillips | 3,000 | Buy Back |
| 2019-10-01 | Superior Energy Services Plans $15MM Stock Buyback | Superior Energy Services, Inc. | 15 | Buy Back |
| 2019-05-22 | FTS International to Buyback $100 Million in Stock | FTS International Inc. | 100 | Buy Back |