HighPeak Energy increases quarterly dividend 60% to $0.04/share and authorizes $75M share repurchase

HighPeak Energy, Inc.

Quarterly dividend raised to $0.04 per share, a 60% increase over prior; payable March 25, 2024 to holders of record March 1, 2024.
Board authorized up to $75M in common stock repurchases through open market or private transactions until December 31, 2024.
First share repurchase authorization since founding; funded from working capital, operations, or credit facility.
Repurchase program may be suspended, modified, or discontinued at Board discretion; no obligation to acquire any specific amount.

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