Southwestern Energy (SWN) closed the most recent trading day at $6.86, moving -0.72% from the previous trading session.
The buyback plan of Southwestern (SWN) entails repurchasing up to $1 billion of outstanding common shares through the end of 2023.
Southwestern Energy expects to reach a 1x-1.5x leverage ratio by the end of the year, even with the repurchasing.