Intrepid Potash Announces Expansion of Common Stock Repurchase Plan
Intrepid Potash’s Board of Directors approved an expansion of its common stock repurchase program, increasing the authorized amount to $50 million from the original $35 million established in February 2022. The company noted that approximately $13 million remains available under the prior authorization, meaning the net new capital return capacity is roughly $37 million.
Key figures
- Repurchase remaining
- 13000000
- Repurchase authorization prior
- 35000000
- Repurchase authorization total
- 50000000
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