Occidental plans to accelerate shareholder returns, CEO says -Breaking
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© Reuters. FILE PHOTO – The logo of Occidental Petroleum appears on a floor in the New York Stock Exchange’s (NYSE), New York, U.S.A, April 30, 2019. REUTERS/Brendan McDermidSabrina Valle
HOUSTON (Reuters] Occidental Petroleum Corp (NYSE 🙂 revealed plans on Friday to grow shareholder distribution and decrease its debt. Vicky Hollub, chief executive of the company, told analysts.
Occidental, Inc. announced a Thursday dividend hike to $0.13 per Share Quarterly, and a $3 Billion share repurchase authorization.
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