APA board approves additional 40M shares for buyback
APA said its board approved a further 40 million shares for its stock buyback plan, after noting 352.9 million shares outstanding.
APA Corp said its board has approved an additional 40 million shares for repurchase. The company, which owns units that explore for and produce oil and natural gas, said it had 352.9 million shares outstanding. Shares closed at $44.79 on Wednesday, down 5.5%, before recently ticking up to $44.93.