KNOT Offshore Partners LP
For the period ended Jul 2, 2025. Filed Jul 2, 2025.
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Jul 2, 2025 · Filed Jul 2, 2025
Contents
EX-99.1 · $10m buyback program for Common Units
$10m buyback program for Common Units
The Board today authorized the repurchase of up to an aggregate of $10 million of the Partnership’s outstanding common units over the next 12 months (the “Program”).
Purchases of common units under the Program will be at prevailing prices on the open market or in privately negotiated transactions, and will be subject to available liquidity, market conditions, credit agreement restrictions, applicable legal requirements, contractual obligations and other factors. The Program does not require the Partnership to acquire any specific number of common units. The Partnership intends to purchase common units under the Program opportunistically with available funds, while maintaining sufficient liquidity to fund its capital needs. The Program may be suspended from time to time, modified, extended or discontinued by Board at any time.
Distribution for 2Q 2025
The Partnership announced today that the Board has declared a quarterly cash distribution with respect to the quarter ended June 30, 2025, of US$ 0.026 per common unit.
This cash distribution will be paid on August 7, 2025, to all unitholders of record as of the close of business on July 28, 2025.
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