Jun. 2 at 1:19 PM
Noble Capital Markets Research Report: Summit Midstream Corp (
$SMC) – Inaugural Stock Repurchase Program
Stock Repurchase Authorization. Summit Midstream Corporation announced that its Board of Directors has authorized the company’s first stock repurchase program, allowing for the repurchase of up to
$35 million of outstanding common stock. As of May 8, shares outstanding were 20.3 million, including 13.8 million common shares and 6.5 million Class B common shares.
Read full report here: https://www.channelchek.com/news-channel/summit-midstream-corp-smc-inaugural-stock-repurchase-program