Earthstone Energy (ESTE) Announces 3M Share Repurchase
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Earthstone Announces Share Repurchase
October 11, 2022 4:11 PM EDTTHE WOODLANDS, Texas, Oct. 11, 2022 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE: ESTE) ("Earthstone", the "Company", "our" or "we"), announced today that it has purchased 3,000,000 shares of Earthstone's Class A Common Stock for a total purchase price of approximately $44 million (the "Share Repurchase") from certain affiliates of Warburg Pincus, LLC ("Warburg Pincus").Â
Separately and concurrently with the Share Repurchase, Warburg Pincus sold 3,750,000 shares of Class A Common Stock under Rule 144 of the Securities Act of 1933 (the "Block Trade"). As of... More
