UPDATE: Chevron (CVX) Suspends Share Buyback for 2015, Says CFO
(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%.