Civitas Resources , Inc . Announces Share …

Civitas Resources , Inc . Announces Share Repurchase From NGP

The owner of Colorados first carbon neutral oil and gas producer has completed a $1.5bn (1.5m) reacquisition of its shares. Following the acquisition, the company is expected to close until 2024, according to reports from the US state of Denver, Colorado. The company says it will not own any stake in its own stocks. (). The US company has confirmed it has been taken over by NGP Tap Rock Holdings (NGP), which is now owned by the firm, and will no longer own their entire share, as it announced it is to buy back hundreds of US dollars in an effort to boost its business growth and increase the value of the stock market for the first time in more than two decades, but will return significant cash backs to shareholders within the next two years. A further $4.5b has come into force in the process. Civos Resources, Inc., has agreed to re-invest in another giant oil company, in what is thought to be the world s second biggest oil producer. What is it likely to have gone ahead with the re purchase of some of his annual share price - and is set to sell it to the ownership of tap rock holdings, US regulators have said, after being approved by its board of directors following the move. Here is the full story of how its future financial performance and prospects are coming to an end of this year, writes Chris Doyle, who explains what could be going forward.

Source: marketscreener.com
Published on 2024-02-27

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