Saturday, October 21, 2017

Anadarko Petroleum to Buy Back $2.5 Bln in Shares

Posted by September 20, 2017

Anadarko Petroleum Corp said on Wednesday that its board had authorized a $2.5 billion share repurchase program through 2018.
 
The company's shares were up 3.8 percent at $46.5 in after-market trading.
 
Anadarko also reaffirmed its 2017 production forecast for its Gulf of Mexico and Delaware Basin assets.


(Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Maju Samuel)

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