Murphy USA Inc. Announces $1.5 Billion Repurchase Program

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May 02, 2023

The Board of Directors of Murphy USA Inc. (NYSE: MUSA) recently authorized a new share repurchase authorization of up to $1.5 billion to begin upon completion of the current $1 billion authorization and to be executed by December 31, 2028. The new authorization reaffirms the company’s commitment to supplement organic growth initiatives with shareholder distributions, including its dividend growth plan, to maximize value creation over time.