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ConocoPhillips to Resume Share Buybacks of $1 Billion
2020-10-01 11:05:00| OGI
ConocoPhillips on Sept. 30 forecast a smaller-than-expected quarterly adjusted loss and said it would resume share repurchases after a historic market collapse forced the oil and gas producer to halt the program in April.
Tags: share
resume
billion
conocophillips
Apple increases dividend, share buybacks amid in-line Q1
2020-05-01 09:54:00| Telecompaper Headlines
(Telecompaper) Apple reported revenues for its fiscal second quarter to end March in line with expectations, up 1 percent year-on-year to USD 58.313 billion, but said service revenues reached a new all-time high of USD 13.348 billon (from 11.450 billion) and that wearables also reached record levels. Earnings per share lifted 4 percent meanwhile to USD 2.55. International sales accounted for 62 percent of total revenues and the operating cash flow increased by USD 2.2 billion to 13.3 billion. As a result, the company has lifted its quarterly cash dividend by 6 percent to USD 0.82 per share, from 0.77 per share in the previous quarter. The company also upped its existing share buyback programme by USD 50 billion.
Tags: share
apple
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Shell, Total Slash Spending, Suspend Buybacks
2020-03-23 22:00:00| OGI
The cuts by Shell and Total mirror recent moves made by other supermajors following a drop in oil prices by more than 60% since January
Tags: total
shell
spending
suspend
ConocoPhillips Boosts Share Buybacks Despite Lower-than-expected Profit
2020-02-04 14:20:34| OGI
ConocoPhillips' adjusted net income for fourth-quarter 2019 fell 36.5% to $831 million as it bore the brunt of lower output and realized crude prices.
Tags: share
profit
boosts
conocophillips
Shell Reins In Share Buybacks After Profit Halves
2020-01-30 14:25:20| OGI
Shares of the world's biggest oil and gas companies have struggled in recent years, caught between an unsteady recovery in oil prices and growing investor concerns about the future of the sector.
Tags: share
profit
shell
halves
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