Devon Energy (DVN) Announces $1B Share Buyback
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/17/2026
- Wall St mixed as Middle East tensions eclipse tech strength
- L3Harris CEO steps down amid conduct review, shares drop
- Reddit leads social media platforms in revenue growth per user
- Northland Upgrades Astera Labs (ALAB) to Outperform, 'Right Time, Customers, and Products'
- H.C. Wainwright Reiterates Buy Rating on Soluna (SLNH)
Devon Energy Announces Third-Quarter Dividend and Next Step in Cash-Return Strategy with $1.0 Billion Share-Repurchase Program
November 2, 2021 4:05 PM EDTKEY MESSAGES
Fixed-plus-variable dividend payout increased by 71 percent to $0.84 per shareBoard authorizes a $1.0 billion share-repurchase program through year-end 2022Repurchase program is equivalent to 4 percent of Devons market capitalizationTop free cash flow priority continues to be the funding of the companys market-leading dividendBalance sheet strength to further improve with plans to retire $1.0 billion of incremental debtOKLAHOMA CITY, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) announced today that its board of directors has declared a fixed-plus-variable dividend of... More
