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Marathon Petroleum (NYSE:MPC) Board Declares Share Buyback Plan

Marathon Petroleum (NYSE:MPC – Get Free Report) declared that its board has initiated a stock repurchase program on Tuesday, April 30th, RTT News reports. The company plans to buyback $5.00 billion in outstanding shares. This buyback authorization authorizes the oil and gas company to purchase up to 7.8% of its stock through open market purchases. […] ....

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