PrimeEnergy elects five directors and authorizes buyback of up to 300,000 more shares
At its annual meeting on June 10, 2026, PrimeEnergy stockholders elected all five management nominees to one-year terms. The same day, the Board authorized repurchases of up to an additional 300,000 shares of common stock, to be made from time to time in open-market or privately negotiated transactions, subject to market conditions and the company's cash availability. The filing does not say how many shares have been bought under the authorization.
Key points
- Annual meeting held June 10, 2026; 1,224,025 of 1,618,000 outstanding shares were present in person or by proxy.
- All five nominees elected: Beverly A. Cummings, Charles E. Drimal, Jr., Thomas S. T. Gimbel, Clint Hurt and H. Gifford Fong.
- Beverly A. Cummings received the fewest votes for, at 944,561, with 279,464 withheld.
- Board authorized repurchase of up to an additional 300,000 shares of common stock on June 10, 2026.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 11, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.