Genesis Energy (GEL) said Tuesday its board has extended its common equity buyback plan for its outstanding class A common units till Dec. 31, 2026.
The program, approved on Aug. 8, 2023, was originally set to expire on Dec. 31 last year, the company said, adding that it has bought 114,900 of its class A common shares to date under the plan.
Shares of the company were up 1.4% in recent premarket activity.
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