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Stock impact report

Clean Energy to Repurchase Up to $30 Million of Stock

Clean Energy Fuels Corp. (CLNE) 
Last clean energy fuels corp. earnings: 11/12 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.cleanenergyfuels.com
Company Research Source: Business Wire
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Clean Energy Fuels Corp. (CLNE) today announced that its Board of Directors has approved a share repurchase program for up to $30 million of the Company’s common stock with a prearranged stock repurchase plan under Rule 10b5-1 of the Securities Exchange Act of 1934 (“10b5-1 Plan”).The Company has delivered continuous and sustainable improvements to its operating and fiscal management, resulting in a dramatically enhanced balance sheet.“Our decision to launch a stock repurchase program reflects the confidence that we have in the company’s current financial stability and our potential for future growth,” said Andrew J. Littlefair, Clean Energy president and CEO. “We have a great team that is working hard every day to further expand the use of our Redeem™ renewable fuel to fleets across the country. Redeem grew by 30% in 2019, and as we indicated in our latest earnings report this week, we anticipate that the acceptance of the ultra-clean fuel Show less Read more
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