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Published 1 year ago

Chevron boosts annual share buyback, hikes US spending

Summary by Ground News
U.S. oil major Chevron Corp CVX-N raised its share buyback outlook to between $10-billion and $20-billion per year. The company reaffirmed its production guidance of more than 3 per cent annual growth by 2027. Shares of the company, which is scheduled to hold its annual investor meeting later in the day, rose 1.3 per cent to $165.

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