Encana (ECA) to Raise Dividend 25%, Expand Buyback by $1.5B

With its announcement to acquire Newfield Exploration (NYSE: NFX), Encana Corporation (NYSE: ECA) said it intends to raise dividend by 25 percent and expand share buyback program to $1.5 billion following closing of the transaction; funded with expected non-GAAP free cash flow and cash on hand.

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