Suncor Energy (SU) Declares $0.42 Quarterly Dividend; Approves Additional $500M Buyback
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Suncor Energy declares dividend and announces increase to share repurchase program
November 13, 2019 5:30 PM ESTCALGARY, Alberta, Nov. 13, 2019 (GLOBE NEWSWIRE) -- Suncor Energys Board of Directors has approved a quarterly dividend of $0.42 per share on its common shares, payable December 24, 2019 to shareholders of record at the close of business on December 3, 2019.
Suncors Board of Directors has also approved an increase to the companys current share repurchase program of an additional $500 million increasing the program from $2.0 billion to $2.5 billion. Suncor will continue to be opportunistic in its execution of the program and, should market conditions allow, Suncor expects to repurchase between $2.0 and $2.5 billion of common shares by the end of... More
