Denbury Inc.

Announced its board of directors authorized a share repurchase program under which the company may repurchase up to $250 million of its outstanding shares of common stock, which represent more than 7% of Denbury’s current market cap. The timing and amount of any share repurchases under the share repurchase program will be determined by Denbury’s management at its discretion based on ongoing assessments of the capital needs of its business, the market price of Denbury’s common stock, general market conditions and applicable legal requirements. Share repurchases may be made through a variety of methods, which could include open market purchases, negotiated transactions, block trades, exchange transactions, other methods or any combination of such methods.