Company: MGY
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001698990-25-000021
Chunk: 55

Company: Magnolia Oil & Gas Corp
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 4
Chunk 55
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 or financial condition. There have been no material changes to the Company’s risk factors since its 2024 Form 10-K. Additional risk factors not presently known to the Company or that the Company currently deems immaterial may also impair its business, results of operations, or financial condition.

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Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

The following table sets forth the Company’s share repurchase activities for each period presented:

PeriodNumber of Shares of Class A Common Stock PurchasedAverage Price Paid per ShareTotal Number of Shares of Class A Common Stock Purchased as Part of Publicly Announced ProgramMaximum Number of Shares of Class A Common Stock that May Yet Be Purchased Under the Program (1)January 1, 2025 - March 31, 20252,150,000 $24.18 2,150,000 9,593,105 April 1, 2025 - April 30, 2025915,000 21.26 915,000 8,678,105 May 1, 2025 - May 31, 2025625,000 21.84 625,000 8,053,105 June 1, 2025 - June 30, 2025670,000 23.26 670,000 7,383,105 Total4,360,000 $23.09 4,360,000 7,383,105 

(1)The Company’s board of directors has authorized a share repurchase program of up to 50.0 million shares of Class A Common Stock. The program does not require purchases to be made within a particular time frame.

Item 3. Defaults Upon Senior Securities

None.

Item 4. Mine Safety Disclosures

Not applicable.