Chord Energy Corp

14. Stockholders’ Equity

Dividends

The following table summarizes the Company’s dividends declared for the six months ended June 30, 2026 and 2025:

Total dividends declared in the table above include $0.9 million and $1.9 million associated with dividend equivalent rights on unvested equity-based compensation awards for the three and six months ended June 30, 2026, respectively, and $0.6 million and $1.5 million for the three and six months ended June 30, 2025, respectively.

On August 5, 2026, the Company declared a base cash dividend of $1.30 per share of common stock. The dividend will be payable on September 4, 2026 to shareholders of record as of August 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 six months ended June 30, 2026, the Company repurchased 1,663,410 shares of common stock at a weighted average price of $131.14 per common share for a total cost of $218.1 million, excluding accrued excise tax of $2.1 million. As of June 30, 2026, there was $734.0 million of capacity remaining under the Company’s $1.0 billion share repurchase program. Subsequent to June 30, 2026 through August 3, 2026, the Company repurchased 521,792 shares of common stock at a weighted average price of $127.61 per common share for a total cost of $66.6 million.

During the six months ended June 30, 2025, the Company repurchased 2,600,117 shares of common stock at a weighted average price of $104.41 per common share for a total cost of $271.5 million, excluding excise tax of $2.5 million, under its previous share repurchase programs.