TechnipFMC (FTI) Declares $0.05 Quarterly Dividend; Approves $1B Buyback Plan

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Go back to TechnipFMC (FTI) Declares $0.05 Quarterly Dividend; Approves $1B Buyback Plan

TechnipFMC Announces Quarterly Dividend and Additional $1 Billion Share Repurchase Authorization

October 23, 2024 4:15 PM EDT

NEWCASTLE & HOUSTON--(BUSINESS WIRE)-- TechnipFMC plc (NYSE: FTI) today announced that its Board of Directors has authorized and declared a quarterly cash dividend of $0.05 per share, payable on December 4, 2024 to shareholders of record as of the close of business on the New York Stock Exchange on November 19, 2024, which is also the ex-dividend date.

The Board has also authorized additional share repurchases of up to $1 billion. Together with the existing program, the Company is now authorized to repurchase shares of up to $1.2 billion, representing more than 10 percent of the Companys outstanding... More