NOG plans 5% dividend increase to $0.42/share and new $150M buyback authorization

NORTHERN OIL & GAS, INC.

Repurchased 895,076 shares in Q2 2024 at avg price $38.96; 1,444,432 in H1 at avg $37.99.
Board approved new $150M share repurchase authorization, replacing prior substantially depleted program.
Management to recommend 5% mid-year dividend increase to $0.42 per share for Q3 2024.
Total capital allocated to shareholder returns ~$135M in H1 2024 ($55M buybacks + $80M dividends).

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