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Market Information
−Removed: On January 17, 2018, we consummated an initial public offering of our Class A Common Stock at a price of $17.00 per share.
−Removed: Our Class A Common Stock is traded on the NYSE under the symbol “LBRT.” Prior to that time, there was no public market for our Class A Common Stock.
−Removed: There is no public market for our Class B Common Stock.
+Added: Our Class A Common Stock is listed on the NYSE and NYSE Texas and traded under the symbol “LBRT.” There is no public market for our Class B Common Stock.
Holders of our Common Stock
−Removed: As of February 3, 2025, there were 14 stockholders of record of our Class A Common Stock and no stockholders of record of our Class B Common Stock.
+Added: As of January 28, 2026, there were 15 stockholders of record of our Class A Common Stock and no stockholders of record of our Class B Common Stock.
The number of record holders is based upon the actual number of holders registered on the books of the Company at such date and does not include holders of shares in “street names” or persons, partnerships, associations, corporations or other entities identified in security position listings maintained by depositories.
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The Company has paid consecutive quarterly cash dividends since December 2022.
−Removed: Dividends are usually declared in January, April, July, and October, paid on the 20th of March, June, September, and December to stockholders of record as of the 6th of each respective payment month.
+Added: Dividends are usually declared in January, April, July, and October, paid on or around the 18th of March, June, September, and December to stockholders of record on or around the 4th of each respective payment month.
If the record or payment date falls on a weekend or holiday, it is moved to the preceding or following business day.
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The share repurchase program does not require us to purchase any dollar amount or number of shares of our Class A Common Stock and may be modified, suspended, extended or terminated at any time without prior notice.
−Removed: The Company expects to fund any repurchases by using cash on hand, borrowings under the ABL Facility, and expected free cash flow to be generated through the duration of the share repurchase program.
+Added: The Company expects to fund any repurchases by using cash on hand, borrowings under the Revolving Credit Facility, and expected free cash flow to be generated through the duration of the share repurchase program.
+Added: During the three months ended December 31, 2025 the Company did not repurchase any shares of Class A Common Stock.
As of December 31, 2025, $270.2 million remained authorized for future repurchases of Class A Common Stock under the share repurchase program.
−Removed: The following sets forth information with respect to our repurchases of shares of Class A Common Stock during the three months ended December 31, 2024:
−Removed: Period Total number of shares purchased Average price paid per share (2) Total number of shares purchased as part of publicly announced plans or programs (1) Approximate dollar value of shares that may yet be purchased under the plans or programs (1)
−Removed: October 1, 2024 - October 31, 2024 539,005 17.60 539,005 313,005,770
−Removed: November 1, 2024 - November 30, 2024 700,687 17.92 700,687 300,451,128
−Removed: December 1, 2024 - December 31, 2024 341,803 18.31 341,803 294,191,766
−Removed: Total 1,581,495 17.90 1,581,495 294,191,766
−Removed: (1) All share repurchases are executed under the Share Repurchase Plan, as defined above.
−Removed: The shares may be repurchased from time to time in open market transactions, through block trades, in privately negotiated transactions, through derivative transactions, or by other means in accordance with applicable state and federal securities laws.
−Removed: (2) The average price paid per share of $17.90 was calculated including commissions.
Stock Performance Graph
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.