Company: GPOR
Filing Date: 2025-05-15
Form Type: 8-K
Source: 0001213900-25-044395
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Company: GULFPORT ENERGY CORP
Filing Date: 2025-05-15
Form: 8-K
Item: Item 7.01
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Item 7.01. Regulation FD Disclosure.

On May 14, 2025, Gulfport
Energy Corporation (the “ Company”) entered into a purchase agreement (the “ Purchase Agreement”) with certain accounts
managed and advised by Silver Point Capital, L. P. (the “ Selling Stockholders”). Pursuant to the Purchase Agreement, the Company
agreed to purchase from the Selling Stockholders an aggregate of 76,986 shares of the Company’s common stock, par value $0.0001
(“ Common Stock”), at a price of $194.84 per share, representing a 1.7% discount to the last reported per share sales price
of Common Stock on the NYSE on May 13, 2025, and an aggregate total consideration of approximately
$15.0 million (the “ Repurchase”). The Repurchase is expected to close on May 20, 2025.

The Repurchase is part of
the Company’s existing $1 billion common share repurchase program and will reduce remaining availability thereunder. As of May 14,
2025, and prior to the Repurchase, the Company had repurchased approximately 6 million shares of common stock at a weighted-average share
price of $110.09 per share since the inception of the repurchase program, totaling approximately $660.6 million in aggregate. Following
the Repurchase, the Company will have approximately $324.4 million of remaining capacity under the common share repurchase program.

SIGNATURES