Market Rout Has Matador Thinking Stock Buyback -- Market Talk

Dow Jones
04 Apr

0758 ET - With its shares off nearly 15% during Thursday's market rout, Matador Resources says its board will consider implementing a stock buyback when it meets later this month. Matador has previously said it wasn't planning any share repurchases, but Thursday's selloff left the energy company's shares near a 52-week low. Matador, which in February raised its quarterly dividend by 25% to 31.25 cents, says the payout remains well within its means at current commodity prices. Matador down 7.5% premarket. (colin.kellaher@wsj.com)

(END) Dow Jones Newswires

April 04, 2025 07:59 ET (11:59 GMT)

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