OKLAHOMA CITY, May 12, 2023 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company") today announced that its Board of Directors (the "Board") has (1) declared a one-time dividend of $2.00 per share (for a total payout of approximately $74 million), (2) planned an on-going quarterly dividend of $0.10 per share starting after the second quarter 2023 first payable in August 2023, and (3) authorized up to $75 million in stock buybacks.
Read more at prnewswire.comSANDRIDGE ENERGY, INC. ANNOUNCES ONE-TIME $2.00 PER SHARE DIVIDEND, A $75 MILLION STOCK REPURCHASE PROGRAM, AND AN ON-GOING PLANNED QUARTERLY DIVIDEND OF $0.10 PER SHARE PLANNED TO COMMENCE IN AUGUST 2023
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