regular dividend increased plus We are pleased to announce that the Board approved a Return of Capital Strategy (“ROCS” or the “Program”) that establishes the Corporation’s intention for creating unprecedented shareholder rewards. Highlights of the ROCS include:
- Maintaining a strong balance sheet with little to no bank debt.
- Growth capital expenditures will be available for expanding the fleet in the most attractive basins.
- Base dividends will be a focus.
- Special dividends can be triggered with available excess cash.
- Share buy backs may be considered if deemed accretive.
Highlight the "unprecedented"