10:29 AM EDT, 04/26/2024 (MT Newswires) -- Archrock ( AROC ) said Friday its board has extended its share repurchase program for an additional two-year period and maintained its quarterly dividend.

The extended buyback program has an available capacity of $50 million. The program was originally set to expire Saturday, the company said.

The $0.165 per share dividend is payable on May 14 to stockholders of record on May 7, the company said.

Shares of Archrock ( AROC ) rose 1.4% in recent trading.

Price: 20.31, Change: +0.27, Percent Change: +1.35