Chevron boosts annual share buyback, hikes US spending

Chevron boosts annual share buyback, hikes US spending

Oil major Chevron Corp on Tuesday raised its share buyback program and reaffirmed its production guidance of more than 3% annual growth by 2027, while increasing spending in the United States.

Chevron Hikes Annual Stock Buyback Target To $17.5 Billion

Chevron Hikes Annual Stock Buyback Target To $17.5 Billion By Tsvetana Paraskova of OilPrice.com Chevron will raise its targeted annual share buyback rate to $17.5 billion, up from $15 billion, as it looks to grow shareholder distribution, the U.S. supermajor said on Tuesday. High-return production growth supports growing shareholder distributions, Chevron said at its annual investor meeting today. At $60 a barrel Brent price, the company expect…

Chevron boosts its annual share buyback target to up to US$20-billion

U.S. oil major Chevron also reaffirmed its production guidance of more than 3% annual growth by 2027

Chevron Boosts Annual Share Buyback Rate to $17.5 Billion

(Bloomberg) — Chevron Corp. increased its annual rate of share buybacks in a show of confidence in its cash-generation goals, even after crude prices declined by more than 30% since June.

Chevron Boosts Annual Share Buyback Rate to $17.5 Billion

Chevron Corp. increased the annual rate of share buybacks in a show of confidence in its cash-generation goals, even after crude prices declined by more than 30% since June.

Chevron Boosts Annual Share Buyback Rate to $17.5B

Chevron Corp. increased its annual rate of share buybacks.