Patterson-UTI Energy PTEN Share Repurchase Authorization Limit
Share Repurchase Authorization Limit at other companies
Other financials
Where this comes from
Reported directly by Patterson-UTI Energy in its filing.
Tagged under the XBRL concept us-gaap:StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1.
The official record: Patterson-UTI Energy’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Patterson-UTI Energy's share repurchase authorization limit?
- Patterson-UTI Energy (PTEN) reported share repurchase authorization limit of $694M in Q1 2026.
- How has Patterson-UTI Energy's share repurchase authorization limit changed year-over-year?
- Patterson-UTI Energy's share repurchase authorization limit decreased by 6.3% year-over-year, from $741M to $694M.
- What does share repurchase authorization limit mean?
- This represents the total dollar value or share count that the board of directors has authorized the company to spend on repurchasing its own common stock from the open market. It serves as a signal of management's confidence in the company's valuation and its commitment to returning capital to shareholders. This limit is an authorization, not an obligation to spend.