Summit Midstream Announces $35 Million Stock Repurchase Program

Summit Midstream Corporation recently declared its first-ever stock repurchase program, authorizing the company to buy back up to $35 million of its outstanding common stock. The company’s board of directors approved the program, which gives the company flexibility to repurchase shares through open market purchases, privately negotiated transactions, or other means.

The repurchase program does not obligate the company to acquire any particular amount of common stock, and the program may be suspended or discontinued at any time at the company’s discretion. Summit Midstream will fund the repurchases from available cash or borrowings. The extent and timing of any repurchases will depend on a number of factors, including legal requirements, market conditions, the trading price of the common stock, and other business considerations.

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Date: June 1, 2026

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