Item 2.02 - Results of Operations and Financial Condition
On August 4, 2022, Denbury Inc. (the "Company") issued a press release
announcing its 2022 second quarter financial and operating results. A copy of
the press release is attached as Exhibit 99.1 to this Current Report on Form
8-K.
The information furnished in this Item 2.02 and in Exhibit 99.1 hereto shall not
be deemed "filed" for purposes of the Securities Exchange Act of 1934, as
amended (the "1934 Act"), and shall not be deemed incorporated by reference in
any filing with the Securities and Exchange Commission (unless otherwise
specifically provided therein), whether or not filed under the Securities Act of
1933, as amended, or the 1934 Act, regardless of any general incorporation
language in any such document.
Item 8.01 - Other Events
On August 2, 2022, the Board of Directors of the Company authorized an increase
of $100 million in the aggregate amount of the Company's outstanding common
stock that may be repurchased under the Company's stock repurchase program
originally authorized in May 2022. This results in $250 million remaining to be
repurchased under the program over the $100.0 million of common stock
repurchased through July 31, 2022. The program has no pre-established ending
date, and may be suspended or discontinued at any time. Also, the Company is not
obligated to repurchase any dollar amount or specific number of shares of its
common stock under the program.
Item 9.01 - Financial Statements and Exhibits
(d)Exhibits.
The following exhibit is furnished in accordance with the provisions of Item 601
of Regulation S-K:
Exhibit Number Description
99.1* Denbury Press Release, dated August 4, 2022.
104 The cover page has been formatted in Inline XBRL.
* Included herewith.
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