Dividends & Buybacks ·
Flowco Holdings expands share repurchase program authorization to $200 million
FLOCFlowco Holdings Inc.
The Board of Directors approved a $150 million increase to the existing share repurchase program, bringing the total authorization to $200 million for Class A common stock. The expanded program has no expiration date and allows purchases via open-market or privately negotiated transactions. Prior to this increase, approximately $31.5 million had been repurchased under the previous $50 million limit. Flowco Holdings Inc. is a leading provider of production optimization, artificial lift and emissions management solutions for the oil and natural gas industry.