SANDRIDGE ENERGY, INC. ANNOUNCES ENROLLMENT HAS OPENED FOR PREVIOUSLY ANNOUNCED DIVIDEND REINVESTMENT PLAN FOR STOCKHOLDERS
SandRidge Energy (NYSE:SD) has launched enrollment for its previously announced Dividend Reinvestment Plan (DRIP), offering stockholders an automated way to reinvest cash dividends into additional company shares. The plan, administered by Equiniti Trust Company, allows for share purchases either directly from the company or through market transactions.
Under the DRIP, shares purchased directly from SandRidge will be priced at the NYSE closing price on dividend payment dates, while open market purchases will be based on the volume-weighted average price. Participation is voluntary, and stockholders can opt in at any time while maintaining the option to receive cash dividends if they choose not to participate.
SandRidge Energy (NYSE:SD) ha avviato l'iscrizione al suo piano di reinvestimento dei dividendi annunciato in precedenza (DRIP), offrendo agli azionisti un modo automatico per reinvestire i dividendi in contanti in azioni aggiuntive della società. Il piano, amministrato da Equiniti Trust Company, consente l'acquisto di azioni direttamente dalla società o tramite transazioni sul mercato.
Nel DRIP, le azioni acquistate direttamente da SandRidge saranno quotate al prezzo di chiusura NYSE nelle date di pagamento dei dividendi, mentre gli acquisti sul mercato aperto saranno calcolati sul prezzo medio ponderato per il volume. La partecipazione è volontaria: gli azionisti possono aderire in qualsiasi momento e, se preferiscono non partecipare, mantengono l'opzione di ricevere i dividendi in contanti.
SandRidge Energy (NYSE:SD) ha iniciado la inscripción para su anunciado Plan de Reinversión de Dividendos (DRIP), ofreciendo a los accionistas una forma automática de reinvertir los dividendos en efectivo en acciones adicionales de la compañía. El plan, administrado por Equiniti Trust Company, permite comprar acciones directamente a la compañía o mediante operaciones en el mercado.
Con el DRIP, las acciones compradas directamente a SandRidge se valorarán al precio de cierre de la NYSE en las fechas de pago de dividendos, mientras que las compras en el mercado abierto se basarán en el precio medio ponderado por volumen. La participación es voluntaria; los accionistas pueden adherirse en cualquier momento y, si no desean participar, pueden seguir recibiendo los dividendos en efectivo.
SandRidge Energy (NYSE:SD)가 이전에 발표한 배당금 재투자 계획(DRIP)에 대한 등록을 시작했습니다. 이 계획은 주주들이 현금 배당을 자동으로 추가 주식으로 재투자할 수 있는 방법을 제공합니다. 계획은 Equiniti Trust Company가 관리하며, 회사로부터 직접 주식을 매수하거나 시장 거래를 통해 매수할 수 있습니다.
DRIP에 따라 SandRidge로부터 직접 매수된 주식은 배당금 지급일의 NYSE 종가로 가격이 책정되며, 공개 시장에서의 매수는 거래량 가중 평균가격을 기준으로 합니다. 참여는 자발적이며 주주들은 언제든지 참여할 수 있고, 참여를 원하지 않을 경우 현금 배당을 수령하는 선택을 유지할 수 있습니다.
SandRidge Energy (NYSE:SD) a ouvert les inscriptions à son Plan de Réinvestissement des Dividendes annoncé précédemment (DRIP), offrant aux actionnaires un moyen automatisé de réinvestir les dividendes en espèces dans des actions supplémentaires de la société. Le plan, administré par Equiniti Trust Company, permet d'acheter des actions directement auprès de la société ou via des transactions sur le marché.
Dans le cadre du DRIP, les actions achetées directement auprès de SandRidge seront valorisées au cours de clôture de la NYSE aux dates de paiement des dividendes, tandis que les achats sur le marché ouvert seront basés sur le prix moyen pondéré par le volume. La participation est volontaire ; les actionnaires peuvent s'inscrire à tout moment et, s'ils choisissent de ne pas participer, conservent l'option de recevoir les dividendes en espèces.
SandRidge Energy (NYSE:SD) hat die Anmeldung für seinen bereits angekündigten Dividenden-Reinvestitionsplan (DRIP) gestartet und bietet Aktionären so eine automatisierte Möglichkeit, Barausschüttungen in zusätzliche Unternehmensanteile zu reinvestieren. Der von Equiniti Trust Company verwaltete Plan erlaubt den Aktienkauf direkt vom Unternehmen oder über Transaktionen am Markt.
Im Rahmen des DRIP werden direkt von SandRidge erworbene Aktien zum NYSE-Schlusskurs an den Dividendenzahlungstagen bewertet, während Käufe am offenen Markt zum volumen‑gewichteten Durchschnittspreis erfolgen. Die Teilnahme ist freiwillig; Aktionäre können jederzeit beitreten und haben die Möglichkeit, alternativ weiterhin Bardividenden zu erhalten.
- Provides shareholders with a cost-effective way to increase their holdings
- Offers flexibility with voluntary participation and ability to enroll/exit at any time
- Creates potential for automatic compound returns through dividend reinvestment
- Share purchases may be dilutive when issued directly from the company
- Market price fluctuations could affect the number of shares received through reinvestment
The DRIP, administered by Equiniti Trust Company, LLC, allows eligible stockholders to automatically reinvest dividends paid on their shares of SandRidge common stock. Participation in the DRIP is entirely voluntary, and stockholders may enroll at any time. Those who choose not to participate will continue to receive cash dividends, if and when declared by the Company.
Under the terms of the DRIP, dividends will be reinvested in additional shares of SandRidge common stock, which may be acquired directly from the Company, in the open market, or through privately negotiated transactions, at the Company's discretion. Shares purchased directly from the Company will be issued at the closing price on the New York Stock Exchange on the dividend payment date. If shares are purchased in the open market, the price will be the volume weighted average price paid for all shares purchased for the DRIP on the relevant date, excluding fees and commissions.
Stockholders interested in participating in the DRIP or seeking additional information may contact Equiniti Trust Company, LLC, the Plan Administrator, at (800) 278-4353 or https://equiniti.com/us/ast-access/individuals.
About SandRidge Energy, Inc.
SandRidge Energy, Inc. (NYSE: SD) is an independent oil and gas company engaged in the production, development and acquisition of oil and gas properties. Its primary area of operations is the Mid-Continent region in
Contact Information
Investor Relations
SandRidge Energy, Inc.
1 E. Sheridan Ave. Suite 500
investors@sandridgeenergy.com
Forward Looking Statements
This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are neither historical facts nor assurances of future performance and reflect SandRidge's current beliefs and expectations regarding future events and operating performance. The forward-looking statements include projections and estimates of the Company's corporate strategies, anticipated financial impacts of acquisitions, future operations, development plans and appraisal programs, drilling inventory and locations, estimated oil, natural gas and natural gas liquids production, price realizations and differentials, hedging program, projected operating, general and administrative and other costs, projected capital expenditures, tax rates, efficiency and cost reduction initiative outcomes, liquidity and capital structure and the Company's unaudited proved developed PV-10 reserve value of its Mid-Continent assets. We have based these forward-looking statements on our current expectations and assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate under the circumstances. However, whether actual results and developments will conform with our expectations and predictions is subject to a number of risks and uncertainties, including the Company's ability to execute, integrate and realize the benefits of acquisitions, and the performance of the acquired interests, the volatility of oil and natural gas prices, our success in discovering, estimating, developing and replacing oil and natural gas reserves, actual decline curves and the actual effect of adding compression to natural gas wells, the availability and terms of capital, the ability of counterparties to transactions with us to meet their obligations, our timely execution of hedge transactions, credit conditions of global capital markets, changes in economic conditions, the amount and timing of future development costs, the availability and demand for alternative energy sources, regulatory changes, including those related to carbon dioxide and greenhouse gas emissions, and other factors, many of which are beyond our control. We refer you to the discussion of risk factors in Part I, Item 1A – "Risk Factors" of our Annual Report on Form 10-K and in comparable "Risk Factor" sections of our Quarterly Reports on Form 10-Q filed after such form 10-K. All of the forward-looking statements made in this press release are qualified by these cautionary statements. The actual results or developments anticipated may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on our Company or our business or operations. Such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, including annual guidance, except as required by law.
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SOURCE SANDRIDGE ENERGY, INC.
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