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8-KThe WireRoutine

Reg FD Disclosure · Company Update

Filed Jun 7, 2023 · 3y ago · Accession 0000046765-23-000034

Plain English

Material event — a significant development the company must disclose promptly.

Read the source below for the full document.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): June 7, 2023 HELMERICH & PAYNE, INC. (Exact name of registrant as specified in its charter) DE 1-4221 73-0679879 (State or other jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 1437 South Boulder Avenue, Suite 1400 Tulsa , OK 74119 (Address of principal executive offices and zip code) ( 918 ) 742-5531 (Registrant’s telephone number, including area code) N/A (Former name or former address, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading symbol(s) Name of each exchange on which registered Common Stock ($0.10 par value) HP NYSE Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ ITEM 7.01 REGULATION FD DISCLOSURE As previously disclosed, Helmerich & Payne, Inc. (the "Company") has had an evergreen authorization from the Board of Directors (the “Board”) for the repurchase of up to four million common shares in any calendar year; and on December 9, 2022, the Board increased the maximum number of shares authorized to be repurchased in calendar year 2023 to five million common shares. On June 7, 2023, the Board further increased the maximum number of shares authorized to be repurchased in calendar year 2023 to seven million shares. The repurchases may be made using cash and cash equivalents or other available sources. ITEM 8.01      OTHER EVENTS On June 7, 2023, the Board declared a quarterly base cash dividend of $0.25 per share on its common stock and a quarterly supplemental cash dividend of $0.235 per share on its common stock. Both dividends are payable August 31, 2023, to stockholders of record at the close of business August 17, 2023. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.       HELMERICH & PAYNE, INC.     By: /s/ William H. Gault   Name: William H. Gault   Title: Corporate Secretary Date: June 7, 2023
Filing details
Ticker
HP
CIK
46765
Form type
8-K
Filing date
Jun 7, 2023
Report date
Jun 7, 2023
Document
hp-20230607.htm
Size
160 KB