other material
confidence high
sentiment positive
materiality 0.60
Clean Energy Fuels boosts buyback program to $50M, resumes repurchases under 10b5-1 plan
Clean Energy Fuels Corp.
- Board increased repurchase authorization from $30M to $50M (excl. fees) and resumed purchases.
- As of Sept 30, 2021, $14.5M used to buy 7.74M shares; no purchases during nine-month period.
- Repurchases may occur via open market, private, or structured transactions including ASRs.
- Goldman Sachs authorized to execute open-market repurchases under a Rule 10b5-1 plan.