other material
confidence high
sentiment positive
materiality 0.40
Gulfport Energy to repurchase 170K shares from Silver Point at $146.25
GULFPORT ENERGY CORP
- 170,000 shares at $146.25 each, a 2% discount to last sale on Sept 19, 2024; total ~$24.9M.
- Transaction expected to close on September 25, 2024.
- Part of existing $650M buyback program; post-repurchase capacity ~$149M.
- Since program start, 4.9M shares repurchased at weighted avg $97.40 for $476.1M total.