Epsilon Energy announces new $13M share repurchase program

Epsilon Energy (EPSN) announced that its board of directors terminated and revoked authority under the normal course issuer bid program which commenced on March 27. At the same time, the board of directors approved a new one-year share repurchase program, under which the company is authorized to repurchase up to 2,200,876 common shares, representing 10% of the outstanding common shares of Epsilon, for an aggregate purchase price of not more than $13M, pursuant to a normal course issuer bid. The one-year period commenced on February 12. The program will end on February 11, 2026, unless the maximum amount of common shares is purchased before then or Epsilon provides earlier notice of termination.