Earthstone Energy (ESTE) Announces 3M Share Repurchase

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/24/2026

1. RNG
2. DECK
3. WDC
4. BYD
5. SPOT
6. WCN
7. BMY
8. TSCO
9. BE
10. SPY

Go back to Earthstone Energy (ESTE) Announces 3M Share Repurchase

Earthstone Announces Share Repurchase

October 11, 2022 4:11 PM EDT

THE 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"). 

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