When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
CDEV - Centennial Resource announces $350M stock buyback plan
Centennial Resource Development Inc.
Centennial Resource Development (NASDAQ:CDEV) has announced a $350M stock repurchase program for two years. The program represents ~15% of the company's current market capitalization. Upon achieving a net debt-to-LTM EBITDAX2 ratio of approximately 1.0x or lower, the Company plans to begin repurchasing shares. CDEV is trading 4.70% higher post-market, after announcing Q4 results