financetom
Business
financetom
/
Business
/
Northern Oil & Gas Approves $150 Million Share Buyback Authorization, Plans 5% Increase to Quarterly Dividend
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Northern Oil & Gas Approves $150 Million Share Buyback Authorization, Plans 5% Increase to Quarterly Dividend
Jul 29, 2024 5:29 AM

08:14 AM EDT, 07/29/2024 (MT Newswires) -- Northern Oil & Gas (NOG) said Monday that its board has approved a new $150 million share buyback authorization, replacing its previous authorization that had been significantly depleted.

The company said its management expects to submit a request to the board for a 5%, or $0.02, mid-year raise in the quarterly common dividend to $0.42 per share for Q3.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Market Chatter: Soho House In Talks Over Possible Takeover by CC Capital
Market Chatter: Soho House In Talks Over Possible Takeover by CC Capital
Mar 18, 2024
01:20 PM EDT, 03/18/2024 (MT Newswires) -- Soho House ( SHCO ) has been in talks with investment firm CC Capital to explore taking the members club operator private, Reuters reported Monday citing people familiar with the matter. The report said there is no assurance of a deal, but the talks have been on and off since late 2023. Soho...
Outcrop Silver And Gold Corp. Announced 2024 Santa Ana Drill Program
Outcrop Silver And Gold Corp. Announced 2024 Santa Ana Drill Program
Mar 18, 2024
01:21 PM EDT, 03/18/2024 (MT Newswires) -- Outcrop Silver & Gold Corporation ( OCGSF ) announced Monday the 2024 drilling program at its Santa Ana high-grade silver project in Colombia is expected to commence in April 2024. The program, is designed to not only expand resources in areas previously identified for their potential but also to drill new targets along...
Mexico's Pemex local refineries to process 1.7 million bpd at end-2024
Mexico's Pemex local refineries to process 1.7 million bpd at end-2024
Mar 18, 2024
MEXICO CITY, March 18 (Reuters) - Mexican state oil company Pemex is set to process 1.7 million barrels per day of crude oil at the end of the year in its local refineries, the company's chief executive officer, Octavio Romero, said on Monday. ...
Why Autonomous Driving Software Company Mobileye Shares Are Shooting Higher Today
Why Autonomous Driving Software Company Mobileye Shares Are Shooting Higher Today
Mar 18, 2024
Mobileye Global Inc ( MBLY ) shares are trading higher after it decided to wind down its aftermarket solutions unit that provides retrofitted advanced driver assistance technology. The company said it took the decision after a thorough review of the unit’s business prospects and investment needs. The demand and future addressable market for retrofitted ADAS solutions has declined since the automakers increased...
Copyright 2023-2026 - www.financetom.com All Rights Reserved