Company: EXEEZ
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000895126-25-000084
Chunk: 73

Company: EXPAND ENERGY Corp
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 8
Chunk 73
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 Per ShareTotal2025:First Quarter$0.575 $— $0.575 $138 Second Quarter$0.575 $— $0.575 $138 2024:First Quarter$0.575 $— $0.575 $77 Second Quarter$0.575 $0.14 $0.715 $95 On July 29, 2025, we declared a quarterly dividend payable of $1.465 per share, which will be paid on September 4, 2025 to stockholders of record at the close of business on August 14, 2025. The dividend consists of a base quarterly dividend in the amount of $0.575 per share and a variable quarterly dividend in the amount of $0.89 per share.Share RepurchasesOn October 22, 2024, our Board of Directors authorized repurchases of up to $1.0 billion, in aggregate, of the Company’s common stock and/or warrants under a share repurchase program. During the Current Quarter, we repurchased 0.9 million shares for an aggregate price of $100 million. The shares of common stock repurchased during the Current Quarter were retired and recorded as a reduction to common stock and retained earnings. WarrantsClass A WarrantsClass B WarrantsClass C Warrants(a)Outstanding as of December 31, 20241,254,479 3,073,194 4,383,634 Converted into common stock(b)(1,186,019)(2,823,724)(1,600,930)Outstanding as of March 31, 202568,460 249,470 2,782,704 Converted into common stock(b)(154)(136,285)(645,600)Outstanding as of June 30, 202568,306 113,185 2,137,104 _________________________________________(a)As of June 30, 2025, we had 582,109 of reserved Class C Warrants.

(b)During the Current Period, we issued 6,032,153 shares of common stock as a result of Warrant exercises. 

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Table of ContentsEXPAND ENERGY CORPORATION AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)(Unaudited)