UPDATE: Chevron (CVX) Suspends Share Buyback for 2015, Says CFO
Tweet
Share
E-mailGet Alerts CVX Hot Sheet
Price: $164.38 +0.50%
Overall Analyst Rating:
BUY (= Flat)
Dividend Yield: 4.2%
Revenue Growth %: -7.1%
Overall Analyst Rating:
BUY (= Flat)
Dividend Yield: 4.2%
Revenue Growth %: -7.1%
Join SI Premium – FREE
(Updated - January 30, 2015 11:12 AM EST)
Chevron (NYSE: CVX) hit session lows Friday after its CFO said on a conference call it is suspending its share buyback for 2015. In 2014 it spent $5 billion on buyback.
Shares are down just over 2.5%.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hanmi Financial (HAFC) Announces 1.5M Share Buyback
- Synchrony Financial (SYF) Reports Q1, Announces $1B Share Buyback
Create E-mail Alert Related Categories
Hot Buybacks, Management Comments, Stock Buybacks, Trader TalkRelated Entities
Stock BuybackSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
