HighPeak Energy (HPK) Hikes Dividend, Announces $75M Share Buyback

Go back to HighPeak Energy (HPK) Hikes Dividend, Announces $75M Share Buyback

HighPeak Energy, Inc. Announces Quarterly Dividend Increase and $75 Million Share Repurchase Authorization

February 5, 2024 6:00 AM EST

FORT WORTH, Texas, Feb. 05, 2024 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (HighPeak or the Company) (NASDAQ: HPK) today announced a 60 percent increase to its quarterly dividend to $0.04 per share and a $75 million share repurchase authorization.  

Quarterly Dividend

The Companys Board of Directors declared a quarterly dividend of $0.04 per share to be paid on March 25, 2024 to stockholders of record on March 1, 2024.  

Stock Repurchase Program

HighPeaks Board of Directors approved a repurchase program of up to $75 million... More