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Imperial Oil Limited (IMO) Q1 2021 Earnings Call Transcript

Imperial Oil : declares second quarter 2021 dividend

Calgary, AB - April 30, 2021 - Imperial Oil Limited (TSE: IMO, NYSE American: IMO) today declared a quarterly dividend of 27 cents per share on the outstanding common shares of the company, payable on July 1, 2021, to shareholders of record at the close of business on June 3, 2021. This second quarter 2021 dividend compares with the first quarter 2021 dividend of 22 cents per share. Imperial has a long and successful history of growth and financial stability in Canada as a leading member of the petroleum industry. The company has paid dividends every year for over a century and has increased its annual dividend payment for 26 consecutive years.

Imperial increases share repurchase program

Imperial Oil Limited announced today that it has received final acceptance from the Toronto Stock Exchange to amend its normal course issuer bid to increase the number of common shares that it may repurchase. Under the amendment, the number of common shares that may be repurchased will increase from 50,000 common shares to up to four percent of its 734,076,755 outstanding common shares as of June 15, 2020, or a .

Imperial declares second quarter 2021 dividend

Imperial Oil Limited today declared a quarterly dividend of 27 cents per share on the outstanding common shares of the company, payable on July 1, 2021, to shareholders of record at the close of business on June 3, 2021. This second quarter 2021 dividend compares with the first quarter 2021 dividend of 22 cents per share. Imperial has a long and successful history of growth and financial stability in Canada as a .

Imperial announces first quarter 2021 financial and operating results

Imperial Oil Limited : Net income of $392 million in the first quarter of 2021 Cash flows from operating activities of over $1 billion in the first quarter Improved financial performance across all business segments compared to the fourth quarter Highest first quarter Upstream production in 30 years, driven by record gross production at Kearl Imperial reinstates significant share purchase program with plans to .

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