Gulfport Energy (NYSE: GPOR) to buy back $10M of stock under $1.5B plan
Rhea-AI Filing Summary
Gulfport Energy Corporation agreed to repurchase 45,546 shares of its common stock from accounts managed by Silver Point Capital for approximately $10.0 million. The negotiated price is $219.56 per share, a 1.0% discount to the last reported NYSE trading price on December 1, 2025, and the transaction is expected to close on December 8, 2025.
This repurchase is being made under Gulfport’s existing $1.5 billion common share repurchase program and will reduce the remaining capacity available under that authorization.
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Insights
Gulfport executes a negotiated $10M share repurchase within its $1.5B buyback plan.
Gulfport Energy is repurchasing 45,546 common shares from Silver Point Capital-managed accounts for about $10.0 million, at $219.56 per share. The price reflects a modest 1.0% discount to the last reported NYSE trading price on December 1, 2025, indicating a small, negotiated block transaction rather than an open-market purchase.
The deal falls under the company’s existing $1.5 billion common share repurchase program, so it simply uses a portion of an already approved authorization. The repurchase is expected to close on December 8, 2025, when cash will flow out from the company to the selling holders and the share count will decline by the purchased amount.
Because the size is relatively small compared with the overall program, the move looks like routine capital management rather than a transformative step. Future disclosures about additional repurchases under the same $1.5 billion program will indicate how actively the company continues to return capital through buybacks.
8-K Event Classification
FAQ
What did Gulfport Energy (GPOR) announce in this 8-K?
Gulfport Energy announced that it entered into a purchase agreement to repurchase 45,546 shares of its common stock from certain Silver Point Capital-managed accounts for approximately $10.0 million.
How does the Gulfport Energy (GPOR) repurchase price compare to the market price?
The repurchase price of $219.56 per share represents a 1.0% discount to the last reported per share sales price of Gulfport’s common stock on the NYSE on December 1, 2025.
When is the Gulfport Energy (GPOR) repurchase expected to close?
The repurchase transaction is expected to close on December 8, 2025.
Is this Gulfport Energy (GPOR) transaction part of an existing buyback program and how large is it?
Yes. The repurchase is part of Gulfport’s existing $1.5 billion common share repurchase program and will reduce the remaining availability under that authorization.