Range Resources shareholders vote to increase shares

Range Resources Corp. shareholders voted in favor of a plan to increase the company’s common stock by 3 million shares as part of a brief annual meeting Wednesday.

Range (NYSE: RRC), which is based in Texas but whose drilling operations are in southwestern Pennsylvania with a regional headquarters at Southpointe, had asked for the rise in shares from the current 11 million to 14 million to accommodate the company’s equity-based incentive package. There are 3.5 million shares left in the current…


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