Baker Hughes Company (BKR) Declares $0.18 Quarterly Dividend; 3.4% Yield

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Baker Hughes U.S. Total Rig Count 488: Oil Rig Count Down 2 to 385, Gas Rig Count Down 1 to 103

July 30, 2021 1:05 PM EDT

Baker Hughes U.S. Total Rig Count 488: Oil Rig Count Down 2 to 385, Gas Rig Count Down 1 to 103.

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Baker Hughes Company (BKR) Announces $2 Billion Share Repurchase Authorization

July 30, 2021 9:11 AM EDT

Baker Hughes Company (NYSE: BKR) ("Baker Hughes" or the "Company") announced today that its Board of Directors has authorized Baker Hughes Holdings LLC (BHH LLC) to repurchase up to $2 billion of its common units. The Company will use the proceeds from the sale of its BHH LLC common units to repurchase its Class A shares.

We are generating strong cash flow and are confident in our short-term operational outlook and long-term strategic positioning. Todays announcement represents further confirmation on our optimistic view... More