Kodiak Gas Services repurchases $50M in stock from EQT affiliate, triggers governance changes

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  • Kodiak Gas Services (NYSE:KGS) has repurchased 1.51M shares of its common stock from Frontier TopCo Partnership, an affiliate of EQT Infrastructure III & IV, for $50M at $33.14/share.
  • The transaction was approved by a special independent committee of Kodiak’s board

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