Chord Energy Corp

14. Stockholders’ Equity

Dividends

The following table summarizes the Company’s dividends declared for the three months ended March 31, 2026 and 2025:

Total dividends declared in the table above include $1.0 million and $0.8 million associated with dividend equivalent rights on unvested equity-based compensation awards for the three months ended March 31, 2026 and 2025.

On May 5, 2026, the Company declared a base cash dividend of $1.30 per share of common stock. The dividend will be payable on June 5, 2026 to shareholders of record as of May 20, 2026.

Share Repurchase Program

In August 2025, the Board of Directors authorized a share repurchase program of up to $1.0 billion of the Company’s common stock, which replaced the Company’s previous share repurchase programs. The Company has repurchased, and may repurchase in the future, shares pursuant to a Rule 10b5-1 trading plan under the Securities Exchange Act of 1934, as amended, which permits the Company to repurchase shares at times that may otherwise be prohibited under its insider trading policy. The share repurchase program does not require the Company to make purchases within a particular time frame.

During the three months ended March 31, 2026, the Company repurchased 559,064 shares of common stock at a weighted average price of $126.53 per common share for a total cost of $70.7 million, excluding accrued excise tax of $0.6 million. As of March 31, 2026, there was $881.4 million of capacity remaining under the Company’s $1.0 billion share repurchase program.

During the three months ended March 31, 2025, the Company repurchased 1,994,496 shares of common stock at a weighted average price of $108.54 per common share for a total cost of $216.5 million, under its previous share repurchase programs.