Clean Energy resumes share repurchases; $26.5M capacity remains in existing program

Clean Energy Fuels Corp.

Board authorized resumption of share repurchases under program initiated March 2020; $50M total authorized in Dec 2021.
As of March 27, 2025, approximately $26.5M remaining capacity for buybacks under the program.
Company had over $200M cash on balance sheet as of Dec 31, 2024 to fund repurchases and growth.
CEO states stock is 'undervalued' and notes momentum from Cummins X15N natural gas engine deliveries.
Repurchases may be executed via open market, private deals, or Rule 10b5-1 plans; no expiration date.

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