---
schema_version: "secwatch.filing_event.v1"
accession: "0000046765-23-000034"
form_type: "8-K"
ticker: "HP"
cik: "0000046765"
company_name: "Helmerich & Payne, Inc."
filed_at: "2023-06-07T23:59:59+00:00"
generated_at: "2026-06-14T06:10:44.982989+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Helmerich & Payne boosts 2023 share buyback authorization to 7M shares; declares $0.485 total dividend

## Summary
- Board increased 2023 share repurchase authorization from 5M to 7M shares (up 40%).
- Quarterly base dividend of $0.25/share and supplemental dividend of $0.235/share declared.
- Both dividends payable Aug 31, 2023 to holders of record Aug 17, 2023.
- Repurchases may be funded from cash and cash equivalents or other available sources.

## SEC filing metadata
- accession: 0000046765-23-000034
- form_type: 8-K
- ticker: HP
- cik: 0000046765
- company_name: Helmerich & Payne, Inc.
- filed_at: 2023-06-07T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/46765/000004676523000034/0000046765-23-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/46765/000004676523000034/hp-20230607.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000046765-23-000034
- JSON: https://secwatch.observer/filing/0000046765-23-000034.json
- Plain text: https://secwatch.observer/filing/0000046765-23-000034.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.