Flowco Holdings Inc. Announces Expansion of Share Repurchase Program
HOUSTON--(BUSINESS WIRE)-- Flowco Holdings Inc. (NYSE: FLOC) (“Flowco” or the “Company”) today announced that its Board of Directors has approved a $150 million increase to the Company’s existing share repurchase program, bringing the total authorization to $200 million of the Company’s Class A common stock. The expanded program has no expiration date. Prior to the increase in the authorization, the Company had repurchased approximately $31.5 million under the existing share repurchase program.
Joe Bob Edwards, President and Chief Executive Officer of Flowco, commented, “The Board’s approval of an increase in our share repurchase authorization to $200 million reflects our shared confidence in Flowco’s business model, financial strength and long-term outlook. Our durable free cash flow generation and strong balance sheet provide the flexibility to continue investing strategically and support our dividend, while also opportunistically repurchasing shares when we believe doing so represents an attractive use of capital.”
The repurchase program does not obligate the Company to repurchase any particular amount of shares and may be modified, suspended, or discontinued at any time. Purchases may be made in open-market transactions, privately negotiated transactions or by other means in accordance with the regulations of the Securities and Exchange Commission. The timing of purchases and the number of shares repurchased under the share repurchase program will depend on a variety of factors including price, trading volume, market conditions and corporate and regulatory requirements.
Forward-Looking Statements
The information in this press release includes forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts contained in this press release may be forward-looking statements. These statements generally relate to future events or our future financial or operating performance, and include, but are not limited to: statements regarding guidance or estimates related to the Company’s results of operations or financial condition; industry trends, customer demand and industry outlook, and effects on Flowco’s operations; Flowco’s strategies and plans, including matters relating to the Company’s growth, capital expenditures, dividend policies, and leverage profile. When used in this press release, words such as “expect,” “project,” “estimate,” “believe,” “anticipate,” “intend,” “plan,” “seek,” “forecast,” “target,” “predict,” “may,” “should,” “would,” “could,” and “will,” the negative of these terms and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Forward-looking statements are based on management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Accordingly, we caution you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions and uncertainties that are difficult to predict. Although Flowco believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements. These risks and uncertainties are described further in our annual report on Form 10-K for the year ended December 31, 2025, in our subsequent quarterly reports on Form 10-Q and in our other filings filed with the Securities and Exchange Commission. Flowco undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.
About Flowco
Flowco is a leading provider of production optimization, artificial lift and emissions management and monetization solutions for the oil and natural gas industry. The company’s products and services include a full range of
equipment and technology solutions that enable oil and natural gas producers to efficiently and cost-effectively maximize the profitability and economic lifespan of their assets.
Investor Contact:
Andrew Leonpacher | VP of Finance, Corporate Development, and Investor Relations
investor.relations@flowco-inc.com
(713) 997-4647
Media Contact:
Cheryl Brashear-White | VP of Marketing Communications
cheryl.white@flowco-inc.com
(405) 819-5290
Source: Flowco Holdings Inc.
