Occidental Buys Back Shares With Record Free Cash Flow
March 10, 2023 at 17:44 PM EST
Occidental Petroleum announced a $3 billion share repurchase program thanks to its “record free cash flow” last year, according to President and CEO Vicki Hollub. “We … delivered record free cash flow before working capital of $13.6 billion, which enabled us to retire more than $10.5 billion of debt and to repurchase $3 billion of [...] The post Occidental Buys Back Shares With Record Free Cash Flow appeared first on ETF Trends .