ChampionX (CHX) Announces $250M Share Buyback
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ChampionX Announces $250 Million Share Repurchase Authorization as Part of Comprehensive Capital Allocation Framework
March 7, 2022 4:30 PM ESTTHE WOODLANDS, Texas, March 07, 2022 (GLOBE NEWSWIRE) -- ChampionX Corporation (NASDAQ: CHX) (ChampionX or the Company)Â today announced that its Board of Directors has approved a new $250 million share repurchase program (2022 Share Repurchase Program). Under the 2022 Share Repurchase Program, shares of the Companys common stock may be repurchased periodically, including in the open market or privately negotiated transactions. The actual timing, manner, number, and value of shares repurchased under the program will depend on a number of factors, including the availability of excess free cash, the market price of the Companys common stock, general market and... More
