other material
confidence high
sentiment positive
materiality 0.60
U.S. Energy repurchases 635,400 shares from affiliates at $2.47775; extends buyback to June 2026
US ENERGY CORP
- Repurchased 635,400 shares from entities affiliated with director Joshua Batchelor at $2.47775/share for aggregate ~$1.57M.
- Share repurchase program extended to June 30, 2026; ~$3.8M remains available of the $5.0M authorization.
- Since April 2023, 985,000 shares repurchased at average price of $1.24/share (2.8% of outstanding).
- After cancellation of repurchased shares, total outstanding common stock is 35,163,070 shares.