---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-049884"
form_type: "8-K"
ticker: "RES"
cik: "0000742278"
company_name: "RPC INC"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T14:29:21.926770+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# RPC declares $0.04 quarterly dividend, expands buyback by 8M shares

## Summary
- Regular quarterly cash dividend of $0.04 per share, payable June 9, 2023 to holders of record May 10, 2023.
- Board increased share repurchase authorization by 8.0 million shares; total remaining available is 15,115,820 shares.
- Stock buyback program has no predetermined expiration date; repurchases depend on market price and conditions.
- Company does not expect to incur debt to fund the share repurchase program.

## SEC filing metadata
- accession: 0001104659-23-049884
- form_type: 8-K
- ticker: RES
- cik: 0000742278
- company_name: RPC INC
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/742278/000110465923049884/0001104659-23-049884-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/742278/000110465923049884/tm2313716d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-049884
- JSON: https://secwatch.observer/filing/0001104659-23-049884.json
- Plain text: https://secwatch.observer/filing/0001104659-23-049884.txt

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