Natural Gas Services Group, Inc. Buyback
OLI recorded this information on 10/4/2021
Company: |
Natural Gas Services Group, Inc. |
Buyback: |
NGS buyback |
$Amount Authorized: |
$10,000,000 |
Buyback Details: |
Natural Gas Services Group, Inc. (NYSE:NGS) (the "Company"), a leading provider of gas compression equipment and services to the natural gas industry, today announced that its Board of Directors has authorized the repurchase of up to $10 million of its outstanding shares of common stock. The repurchase program will expire on September 30, 2022, subject to earlier termination of the program by the Board of Directors. As of September 30, 2021, the Company had approximately 13,183,262 common shares outstanding. |
Natural Gas Services Group provides natural gas compression equipment and services to the energy industry. Co. manufactures, fabricates, rents, sells and maintains natural gas compressors and flare systems for oil and natural gas production and plant facilities. Co.'s operating units include: Rental, which provides small, medium and large horsepower applications for unconventional oil and natural gas production; Engineered Equipment Sales, which includes compressor fabrication, parts sales and compressor rebuilds, flare fabrication, and compressor manufacturing; and Service and Maintenance, which services and maintains compressors owned by its customers on an as needed and contract basis.
Open the NGS Page at The Online Investor »
Company Name: |
Natural Gas Services Group Inc |
Stock buyback: |
NGS buyback |
Website: |
www.ngsgi.com |
Sector: |
Oil & Gas Equipment & Services |
Number of ETFs Holding NGS: |
5 |
Total Market Value Held by ETFs: |
$12.68M |
Total Market Capitalization: |
$301.00M |
% of Market Cap. Held by ETFs: |
4.21% |
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