Northern Oil and Gas (NOG) late Tuesday said it was increasing its stock buyback authorization by $100 million, replenishing the total available for share repurchases to $200 million.
Before the increase, the company had $100 million remaining under its prior authorization announced last July.
The company said it repurchased 334,982 shares since Jan. 1 at an average of $29.86 per share, for a total of approximately $10 million.
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