ChampionX(CHX) - 2024 Q2 - Quarterly Report

NOTE 7—RESTRUCTURING EXPENSE Our liability balance for restructuring expense at June 30, 2024 reflects contract termination costs, employee severance and related benefits initiated during prior periods. NOTE 8—STOCKHOLDERS' EQUITY On March 7, 2022, the Company announced that our Board authorized the Company to repurchase up to $250 million of its common stock which was increased by our Board to $750 million on October 24, 2022. On January 31, 2024, our Board authorized a further increase in the aggregate va ...