Here's how much these oil companies are giving back to shareholders

Raised existing share repurchase authorization by US$50 billion11 per cent increase to quarterly ordinary dividendNet income in latest quarter:Increased total quarterly dividend to US$3.16 per share from US$2.

per shareExpects to commence share repurchases in November using the remaining $5 billion authorizationThe top 25 oil companies by market capitalization posted record profits renewing calls for a windfall tax.Plans to return up to US$12 billion more to shareholders by end of 2024 through dividends and buybacksArticle contentDividend:Net income in latest quarter:Raised regular dividend by 10 per cent, US$1.

Profits are going into larger dividends and stock buybacks rather than capital projects for future production in Canada because of risk from an anti-O&G federal government.

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Here's how much these oil companies are giving back to shareholdersCNRL, Cenovus, Imperial and Tourmaline are among the top 25 oil companies reporting bumper profits, share buybacks and dividends. Read on.
Fuente: nationalpost - 🏆 10. / 80 Leer más »

Here's how much these oil companies are giving back to shareholdersCNRL, Cenovus, Imperial and Tourmaline are among the top 25 oil companies reporting bumper profits, share buybacks and dividends. Read on.
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