Linde to Launch $5Bln Buyback Program; Raise Quarterly Dividend
By Olivia Bugault
Linde PLC said late Monday that it will increase its quarterly
dividend and start a new share buyback program for up to $5 billion
of the company's ordinary shares.
The industrial-gases and engineering company is raising its
quarterly dividend by 10% to $1.06 a share, payable on March 22, it
Meanwhile, Linde said its new share-repurchase program will
replace its existing one that will expire on Feb. 1. Under the
program, Linde will be able to buy up to 15% of its outstanding
shares between February and the end of July 2023.
Write to Olivia Bugault at email@example.com
(END) Dow Jones Newswires
January 26, 2021 01:22 ET (06:22 GMT)
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