03/04/2026 | Press release | Distributed by Public on 03/04/2026 07:01
Item 7.01. Regulation FD Disclosure.
On March 3, 2026 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 84,416 shares of the Company's common stock, par value $0.0001 ("Common Stock"), at a price of $204.22 per share, representing a 2.3% discount to the last reported per share sales price of Common Stock on the NYSE on March 2, 2026, and an aggregate total consideration of approximately $17.2 million (the "Repurchase"). The Repurchase is expected to close on March 9, 2026.
The Repurchase is part of the Company's existing $1.5 billion common share repurchase program and will reduce remaining availability thereunder.