XML 34 R23.htm IDEA: XBRL DOCUMENT

STOCK REPURCHASE	3 Months Ended
STOCK REPURCHASE	Mar. 31, 2026
Equity [Abstract]
STOCK REPURCHASE	STOCK REPURCHASE: The Company’s stock repurchase program was initially announced on September 5, 2017, pursuant to authorization from the Company’s Board of Directors. The Board has periodically increased the authorized dollar amount under the program since its inception. On January 29, 2026, the Company announced that its Board of Directors approved a $2,000,000 increase to the Company's existing stock repurchase program, increasing total authorized repurchases to $4,900,000. As of March 31, 2026, $2,373,989 remained available for repurchases under the program and it is not subject to a termination or expiration date. The repurchases may be effected from time-to-time through open market purchases, privately negotiated transactions, Rule 10b5-1 plans, accelerated stock repurchases, block trades, derivative contracts or otherwise in compliance with Rule 10b-18. The timing of any repurchases will be based on a number of factors, including available liquidity, the Company's stock price, the Company's financial outlook, and alternative investment options. The stock repurchase program does not obligate the Company to repurchase any dollar amount or number of shares and the Board may modify, suspend, or discontinue its authorization of the program at any time. The Board of Directors will continue to evaluate the size of the stock repurchase program based on CNX's free cash flow position, leverage ratio, and capital plans. During the three months ended March 31, 2026, 1,446,013 shares were repurchased and retired at an average price of $37.36 per share for a total cost of $50,633. During the three months ended March 31, 2025, 4,186,185 shares were repurchased and retired at an average price of $29.88 per share for a total cost of $126,161. The one-percent excise tax under the Inflation Reduction Act of 2022 is included in total costs for both periods.