secwatch.observer — SEC 8-K summary
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Issuer:     US ENERGY CORP (USEG)
CIK:        0000101594
Form:       8-K
Filed at:   2025-01-29T23:59:59+00:00
Accession:  0001437749-25-002073
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

U.S. Energy repurchases 635,400 shares from affiliates at $2.47775; extends buyback to June 2026
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/101594/000143774925002073/0001437749-25-002073-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/101594/000143774925002073/useg20250128_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-002073

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer