California Resources Reports First Quarter 2024 Financial and Operating Results
During the first quarter of 2024, CRC repurchased 1.1 million shares for $58 million or an average price of $53.26 per share.
- During the first quarter of 2024, CRC repurchased 1.1 million shares for $58 million or an average price of $53.26 per share.
- Post quarter end and through May 3, 2024, CRC repurchased an additional 0.3 million shares for $15 million or an average price of $54.80.
- On May 7, 2024, CRC's Board of Directors declared a quarterly cash dividend of $0.31 per share of common stock.
- The dividend is payable to shareholders of record on May 31, 2024 and will be paid on June 14, 2024.