Anadarko Increases Buyback Program by $1 Billion
July 09 2018 - 8:17AM
Dow Jones News
By Michael Dabaie
Anadarko Petroleum Corp. (APC) said Monday its board authorized
a $1 billion increase of its share-repurchase program, bringing it
to $4 billion.
The company completed the first $3 billion of the program last
month. The board authorization extends through the end of June
2019.
Anadarko also said it increased its debt-reduction program by
$500 million, bringing the total planned to $1.5 billion.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
July 09, 2018 08:02 ET (12:02 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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