Liberty Energy Inc. Announces 14% Increase in Quarterly Cash Dividend
15 Ottobre 2024 - 10:30PM
Business Wire
Liberty Energy Inc. (NYSE: LBRT; “Liberty” or the “Company”)
announced today that its Board of Directors (the “Board”) has
declared a dividend of $0.08 per share of Class A common stock, to
be paid on December 20, 2024, to holders of record as of December
6, 2024. This dividend represents a 14% increase from the prior
regular quarterly dividend of $0.07 per share.
“Liberty’s disciplined investment in innovative businesses and
leading edge technologies expands our competitive advantage and
increases our market opportunities in the coming years. We are
increasing our quarterly cash dividend by 14%, consistent with our
long-term objective of generating strong total shareholder value
including a balanced return of capital program,” commented Chris
Wright, Chief Executive Officer.
Future declarations of quarterly cash dividends are subject to
approval by the Board of Directors and to the Board’s continuing
determination that the declarations of dividends are in the best
interests of Liberty and its stockholders. Future dividends may be
adjusted at the Board’s discretion based on market conditions and
capital availability.
About Liberty
Liberty is a leading North American energy services firm that
offers one of the most innovative suites of completion services and
technologies to onshore oil and natural gas exploration and
production companies. Liberty was founded in 2011 with a relentless
focus on developing and delivering next generation technology for
the sustainable development of unconventional energy resources in
partnership with our customers. Liberty is headquartered in Denver,
Colorado. For more information about Liberty, please contact
Investor Relations at IR@libertyenergy.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20241015646951/en/
Michael Stock Chief Financial Officer
Anjali Voria, CFA Director of Investor Relations
303-515-2851 IR@libertyenergy.com
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