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Memorial Resource Development Corp. Announces Share Repurchase Program

2014-12-15 19:30:20| Chemicals - Topix.net

Memorial Resource Development Corp. announced today that its Board of Directors has authorized the repurchase of up to $50 million of MRD's common stock. "MRD is committed to delivering shareholder returns, and our management team and Board of Directors believe that at recent trading levels a share repurchase program represents a compelling value proposition that will deliver long-term value to our shareholders.

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