Chesapeake energy corporation doubles its authorization for common stock and warrant repurchase from $1 billion to $2 billion

Oklahoma city , june 22, 2022 /prnewswire/ -- chesapeake energy corporation (nasdaq: chk) today announced that its board of directors has doubled its previously announced repurchase program authorization from $1 billion to up to $2 billion in aggregate value of its common stock and/or warrants through year-end 2023. to date, under its previously authorized program, chesapeake has repurchased approximately 5.4 million shares of its common stock at an average price of approximately $89 per share.
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