US Energy Incentivizes Executives and Extends Buyback Program
Company Announcements

US Energy Incentivizes Executives and Extends Buyback Program

The latest announcement is out from US Energy (USEG).

U.S. Energy Corp. has awarded significant restricted shares to its CEO and CFO, with vesting conditions tied to service continuity and stock price performance. Additionally, the company has extended its share repurchase program, aiming to buy back up to $5.0 million of common stock by June 30, 2025. The repurchase strategy is flexible, allowing management to buy shares based on market conditions and the company’s performance, with the possibility of adjusting or discontinuing the program as deemed necessary.

Learn more about USEG stock on TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskUS Energy CEO Ryan Smith’s Contract Extended with New Terms
GlobeNewswireU.S. Energy Corp. Closes Asset Sale for South Texas Properties
GlobeNewswireU.S. Energy Corp. Announces Second Quarter 2024 Results and Conference Call Date
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