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Home › Chesapeake Energy to Buy Back Preferred Shares

 

Chesapeake Energy to Buy Back Preferred Shares

2014-07-29 16:15:13| Oil & Gas - Topix.net

Chesapeake Energy Corp said it would spend $1.26 billion to buy back all of the outstanding preferred shares issued by its CHK Utica unit to simplify its balance sheet and eliminate about $75 million in annual dividend payments.

Tags: back buy energy preferred

Category:Energy and Environment

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