NYSE:BKVOil and Gas
Does BKV’s (BKV) New US$100 Million Buyback Mark a Turning Point in Capital Allocation Strategy?
BKV Corporation recently announced that its Board of Directors has authorized a two-year share repurchase program of up to US$100 million of its outstanding common stock, to be funded through available cash or borrowings under its existing reserve-based lending agreement.
The buyback authorization, coming shortly after a public offering that raised about US$170.3 million linked to a planned power asset acquisition, highlights how BKV is actively reshaping its capital structure and capital...