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0 0 0.00639464068209503 0.00639464068209503 0.00639464068209503 0.00639464068209503 0.0102009744214373 0.0102009744214373
Stock impact report

PDC Energy Declares Increased Quarterly Cash Dividend on Common Shares and Announces $750 Million Increase to Share Buyback Authorization

PDC Energy, Inc. (PDCE) 
Last pdc energy, inc. earnings: 2/26 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.pdce.com/presentations.cfm
Company Research Source: GlobeNewswire
DENVER, Feb. 16, 2023 (GLOBE NEWSWIRE) -- PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) announced today that its Board of Directors declared an increase to its quarterly cash dividend from $0.35 to $0.40 per share on PDC’s outstanding common stock. The dividend is payable on March 16, 2023, to stockholders of record at the close of business on March 2, 2023. This marks the second consecutive annual increase since implementing the dividend in 2021. PDC also announced that the Board of Directors approved an incremental $750 million dollars to the Company’s existing $1.25 billion share repurchase program, bringing the total authorization to $2.0 billion. The Company remains committed to returning a minimum of 60 percent of its annual post base dividend adjusted free cash flow (FCF) to shareholders through the Company’s share repurchase program and a year-end special dividend, if needed. About PDC Energy, Inc. PDC Energy, Inc. is a domestic independent exploration and produ Show less Read more
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