Management and Directors of EON Resources Inc. Acquire 364,000 Shares of Class A Common Stock
Reuters
Aug 27
Management and Directors of EON Resources Inc. Acquire 364,000 Shares of Class A Common Stock
EON Resources Inc., an independent upstream energy company operating in the Permian Basin, has announced that its management team and several independent directors have purchased a combined total of 364,000 shares of the company's Class A Common Stock on the open market. This move comes after the lifting of a black-out period that had restricted stock purchases. EON's President and CEO, Dante Caravaggio, expressed optimism about the company's future, particularly following the publication of second-quarter results and anticipated funding in September. Joseph Salvucci, Sr., Chairman of the Board, emphasized that these purchases reflect the team's strong belief in the company's potential and commitment to its shareholders. The group collectively owns around 3 million shares, underscoring their investment in EON's success.
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