Share Repurchase Program
REX repurchased approximately 822,000 shares for $32.7 million, considering the share price undervalued. This reflects about 6.8% of shares since December 2024, with 1,182,000 shares remaining authorized for repurchase.
Nineteenth Consecutive Profitable Quarter
REX achieved its nineteenth consecutive profitable quarter, highlighting strong financial performance and operational efficiency.
Ethanol Export Growth
Ethanol exports in March 2025 were up 23% compared to March 2024, and cumulative US ethanol exports through March 2025 increased by nearly 19% year-over-year.
Positive Legislative Developments
Senate Bill 1723 is viewed positively as REX's carbon sequestration sites are six miles outside the Mahomet Sole Source Aquifer, which the bill aims to protect.