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home / news releases / ROCC - Ranger Oil boosts share buyback program to $140M from $100M

ROCC - Ranger Oil boosts share buyback program to $140M from $100M

Roth CH Acquisition II Co.
  • Ranger Oil Corporation ( NASDAQ: ROCC ) has increased its share repurchase program .
  • The company's board authorized an increase in the share repurchase program from $100 million to $140 million, effectively reloading the capacity in the program for amounts repurchased to date.
  • In addition, the board extended the term of the program by one quarter through June 30, 2023.
  • Since early May 2022, the company has repurchased more than $40M of its Class A common stock, representing more than 2.5% of total common stock outstanding.
  • The program is equivalent to ~9.8% of Ranger's current market capitalization .

For further details see:

Ranger Oil boosts share buyback program to $140M from $100M
Stock Information
Company Name: Roth CH Acquisition II Co.
Stock Symbol: ROCC
Market: NASDAQ
Website: rangeroil.com
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