Equinor to Pay $14B to Investors Even as Profit Drops
Equinor said it will pay out $14 billion in share buybacks and dividends this year.
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Equinor said it will pay out $14 billion in share buybacks and dividends this year.
Senegal's parliament voted to postpone the country's elections by almost a year. And now, consequences loom over the economy.
Management teams reined in spending on new projects to free up cash for dividends and buybacks.
The world’s biggest oil exporter is also in talks with other banks as it pulls together a roster of advisers for the offer that may come in the next few weeks, the people said, asking not to be identified because the information is private.
Oil edged higher in rangebound trading as investors weighed shifting risks in the Middle East against hawkish comments from the Federal Reserve.