---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-041466"
form_type: "8-K"
ticker: "FANG"
cik: "0001539838"
company_name: "Diamondback Energy, Inc."
filed_at: "2024-09-19T23:59:59+00:00"
generated_at: "2026-05-31T03:37:09.717878+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Diamondback Energy boosts buyback authorization to $6B from $4B

## Summary
- Board increased share repurchase authorization by $2B to $6B total.
- As of Sept 18, 2024, had repurchased 20.26M shares at avg $127.00 for ~$2.57B.
- Buyback program has no time limit; may be modified or discontinued anytime.
- Also adopted Fifth Amended and Restated Bylaws with procedural updates regarding stockholder special meetings.

## SEC filing metadata
- accession: 0001140361-24-041466
- form_type: 8-K
- ticker: FANG
- cik: 0001539838
- company_name: Diamondback Energy, Inc.
- filed_at: 2024-09-19T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1539838/000114036124041466/0001140361-24-041466-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1539838/000114036124041466/ef20035944_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-041466
- JSON: https://secwatch.observer/filing/0001140361-24-041466.json
- Plain text: https://secwatch.observer/filing/0001140361-24-041466.txt

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