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Archrock Reports Extension Of Share Repurchase Program For An Additional 24-Month Period

Author: Benzinga Newsdesk | April 26, 2024 06:38am

The company announced that its Board of Directors has declared a quarterly dividend of $0.165 per share of common stock, or $0.66 per share on an annualized basis. The first quarter 2024 dividend will be paid on May 14, 2024 to all stockholders of record on May 7, 2024.

In connection with the extension, the Board of Directors replenished the amount of shares authorized for repurchase under the Share Repurchase Program, resulting in available capacity of $50 million.

Posted In: AROC


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