Riley Permian Announces New Share Repurchase Program

Core Viewpoint - Riley Exploration Permian, Inc. has announced a share repurchase program of up to $100 million over 24 months to return capital to shareholders, reflecting confidence in operational performance and financial strength [1][2]. Group 1: Share Repurchase Program - The Board of Directors has authorized a share repurchase program for up to $100 million of the company's common stock [1]. - The program will be executed through various means, including open market transactions and block trades, with the timing and amount determined at the company's discretion [2]. - The company intends to maintain sufficient liquidity for its capital development program while purchasing shares opportunistically [3]. Group 2: Company Overview - Riley Exploration Permian is a growth-oriented upstream oil and gas company operating in Texas and New Mexico, with complementary infrastructure projects [4].