GeoPark Limited (NYSE:GPRK) announces a share repurchase program. Under the program, the company will repurchase up to $50 million worth of its shares. The shares will be repurchased at a price which will not be greater than $10 nor less than $9 per share.

The company will use a portion of cash and cash equivalents to fund the offer. The purpose of the offer is to return capital to our shareholders and obtain liquidity. The program is valid till April 17, 2024.

As of March 19, 2024, there were 55,470,850 common shares issued and outstanding (excluding 7,585,110 common shares held in treasury).