Solaris Oilfield Infrastructure (SOI) Increases Dividend, Announces $50M Share Buyback
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Solaris Oilfield Infrastructure Announces Enhanced Shareholder Return Framework, Dividend Increase and Authorization of $50 Million Share Repurchase Program
March 2, 2023 4:01 PM ESTHOUSTON--(BUSINESS WIRE)-- Solaris Oilfield Infrastructure, Inc. (NYSE: SOI) (Solaris or the Company) announced today that its Board of Directors has approved an enhanced shareholder return program, including an increase in the Companys quarterly cash dividend to $0.11 per share and authorization of a $50 million share repurchase program.
Solaris has a strong record of returning cash to shareholders. We have returned approximately $112 million since 2018 through dividends and share repurchases and were one of the few companies in our industry that maintained its dividend through all points of the cycle, Solaris Chairman and Chief Executive Officer Bill... More
