Star Group, L.P. announces an Increase in Equity Buyback.
May 10, 2020
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On May 11, 2020, the company announced an increase in its equity buyback plan. The company increased its authorization by 2,500,000 shares, thereby taking the total authorization to 15,346,000 shares.
Star Group, L.P. is a full-service energy provider that specializes in the sale of home heating oil and propane, as well as air conditioning products and services to residential and commercial customers. The Company conducts its business through an operating subsidiary, Petro Holdings, Inc. The Company also sells diesel fuel, gasoline and home heating oil on a delivery only basis, and in certain of its marketing areas. The Company provides plumbing services primarily to home heating oil and propane customer base. The Companyâs installation and services include equipment installations, equipment maintenance service contracts and billable call services. The Company is a retail distributor of home heating oil operating in northern and eastern states within the Northeast, Central and Southeast of the United States regions, including its propane locations.
STAR GROUP, L.P. 
