tiprankstipranks
Targa Resources Announces $1 Billion Share Buyback Program
Company Announcements

Targa Resources Announces $1 Billion Share Buyback Program

Don't Miss our Black Friday Offers:

Targa Resources (TRGP) has provided an update.

Targa Resources Corp. has launched an ambitious new share repurchase program, committing to buy back up to $1.0 billion of its common stock. This program, which is effective immediately, enhances the company’s capacity to repurchase shares, adding to the funds remaining from a previous program initiated in May 2023. Share buybacks will be executed as per legal requirements and may be stopped at the company’s discretion. Investors are encouraged to keep an eye on Targa’s various communication channels for significant updates.

See more data about TRGP stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyTarga Resources downgraded to Hold from Overweight at US Capital Advisors
TheFlyTarga Resources price target raised to $224 from $190 at Stifel
TheFlyTarga Resources price target raised to $225 from $175 at Truist
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App