Chevron Board Authorizes New Stock Repurchase Program Up to $25 Billion
February 01 2019 - 10:02AM
Dow Jones News
By Michael Dabaie
Chevron Corp. (CVX) said its board this week authorized a new
stock repurchase program of up to $25 billion.
Chevron said in a Securities and Exchange Commission filing
Friday that the new buyback program has no set term limits and
replaces the July 2010 authorization.
In its quarterly report Friday, Chevron said its share
repurchases were $1.0 billion in the fourth quarter.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
February 01, 2019 09:47 ET (14:47 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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