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Civitas Resources Announces $250M Share Buyback Agreement

Story Highlights
  • Civitas Resources entered an agreement to repurchase $250 million of its stock.
  • The repurchase reflects a strategic move to manage equity structure and shareholder returns.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Civitas Resources Announces $250M Share Buyback Agreement

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Civitas Resources ( (CIVI) ) has shared an announcement.

On August 8, 2025, Civitas Resources, Inc. entered into an accelerated share repurchase agreement with a financial institution to buy back $250 million of its common stock. The agreement will see the company initially receive shares worth 80% of the repurchase price, with the final settlement expected in the third quarter of 2025. This move is significant for Civitas Resources as it reflects a strategic decision to manage its equity structure, potentially impacting its stock value and shareholder returns.

The most recent analyst rating on (CIVI) stock is a Buy with a $46.00 price target. To see the full list of analyst forecasts on Civitas Resources stock, see the CIVI Stock Forecast page.

Spark’s Take on CIVI Stock

According to Spark, TipRanks’ AI Analyst, CIVI is a Outperform.

Civitas Resources demonstrates strong financial performance and attractive valuation, making it a compelling investment. Positive earnings call sentiment and strategic corporate events further support its potential. However, technical indicators and debt levels warrant cautious optimism.

To see Spark’s full report on CIVI stock, click here.

More about Civitas Resources

Average Trading Volume: 2,234,005

Technical Sentiment Signal: Sell

Current Market Cap: $2.58B

See more insights into CIVI stock on TipRanks’ Stock Analysis page.

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