Flowco Holdings (FLOC) Announces $50M Share Buyback

Flowco Holdings Inc. (NYSE: FLOC) (“Flowco” or the “Company”), a provider of production optimization, artificial lift and methane abatement solutions for the oil and natural gas industry, today announced that its Board of Directors authorized a stock repurchase program for up to $50 million of the Company’s Class A common stock.

Joe Bob Edwards, President and Chief Executive Officer of Flowco, commented, “The approval of this share repurchase authorization by our Board of Directors reflects our shared confidence in Flowco’s long-term value and underscores our belief in the strength of our business model, financial profile, and growth outlook. With strong free cash flow and a healthy balance sheet, we believe we have the flexibility to repurchase shares opportunistically—without compromising our ability to invest in growth or sustain our dividend.”

The repurchase program does not obligate the Company to repurchase any particular amount of shares and may be modified, suspended, or discontinued at any time. Purchases may be made in open-market transactions, privately negotiated transactions or by other means in accordance with the regulations of the Securities and Exchange Commission. The timing of purchases and the number of shares repurchased under the stock repurchase program will depend on a variety of factors including price, trading volume, market conditions and corporate and regulatory requirements.

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