Stock Repurchase Program
In January 2019, Gulfport's board of directors authorized the Company to acquire a portion of its outstanding common stock within a 24-month period. As of August 1, 2019, the Company had repurchased 3.8 million shares totaling approximately $30 million during 2019.
I+II Q/2019 3,8 mil Ø 7,89 USD/sh price: 30 million. USD
III Q/2019 8,5 mil Ø 3,50 USD/sh price: 30 million. USD
IV Q/2019 45 mil Ø 3,50 USD/sh price: 160 million. USD
I Q/2020 7,14 mil Ø 7,00 USD/sh price: 50 million. USD
II Q/2020 6,25 mil Ø 8,00 USD/sh price: 50 million. USD
III Q/2020 5,55 mil Ø 9,00 USD/sh price: 50 million. USD
IV Q/2020 5,00 mil Ø 10,00 USD/sh price: 50 million. USD
TOTAL: 81,24 mil.shares 400 mil USD
