Chevron Will Not Increase Offer to Acquire Anadarko

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Chevron (CVX) to Raise Buyback to $5B Per Year

May 9, 2019 8:30 AM EDT

Amid news it won't raise it bid for Anadarko, Chevron (NYSE: CVX) said it plans to increase its share repurchase rate by 25 percent to $5 billion per year.

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