The board of directors of ONEOK, Inc. OKE today authorized a new three-year stock repurchase program to buy up to $750 million of the company's issued and outstanding common stock, subject to the limitation that purchases will not exceed $300 million in any one calendar year.
The purchases will be funded by the company's available cash, free cash flow and short-term borrowings.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in