Devon Energy Corp.

Devon Energy Corp. has completed its initial accelerated share repurchase program that commenced in early August, the company said on Sept. 14.

The program was completed as part of the company’s $4 billion share repurchase authorization expiring at the end of 2019. To date, Devon has repurchased approximately 50 million shares under the authorization at a total cost of $2 billion, with an average share purchase price of $41.