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Comstock Resources, Inc. Buyback

OLI recorded this information on 5/15/2013

Company: Comstock Resources, Inc.
Buyback: CRK buyback
$Amount Authorized: $100,000,000
Buyback Details: The Board of Directors declared a dividend of $0.125 per share to be paid on June 15, 2013 to all stockholders of record as of May 31, 2013. The June 15th dividend is the first dividend made by the Company on its common stock and is intended to be part of an ongoing quarterly program. The Board also approved an open market share repurchase plan which permits the Company to repurchase up to $100 million of its common stock in the open market. The timing and actual number of shares repurchased will depend on a variety of factors including the stock price, corporate and regulatory requirements and other market and economic conditions. The share repurchase plan does not obligate Comstock to acquire any specific number of shares.

Comstock Resources is an independent natural gas producer operating primarily in the Haynesville shale, a natural gas basin located in North Louisiana and East Texas. Co. is engaged in the acquisition, exploration, development and production of oil and natural gas. Co.'s operations are primarily focused on North Louisiana and East Texas.

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Company Name:  Comstock Resources Inc
Stock buyback:  CRK buyback
Website:  www.comstockresources.com
Sector:  Oil & Gas Exploration & Production
Number of ETFs Holding CRK:  53
Total Market Value Held by ETFs:  $306.22M
Total Market Capitalization:  $2.47B
% of Market Cap. Held by ETFs:  12.41%
 

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March 29, 2024    3:35 AM Eastern
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Hold (2.18 out of 4)
0th percentile
(ranked lower than approx. 100% of all stocks covered)

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