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Corning to lift dividends by 10%, distribute USD 8-10 bln to shareholders in 2020-2023

2019-06-14 15:42:00| Telecompaper Headlines

(Telecompaper) Corning has unveiled its Strategy and Capital Allocation Framework for 2020-2023, with new targets for the future. The latest framework follows the one from 2016-2019, which Corning said will be met. CEO Wendell Weeks explained that, by the end of the year, Corning have returned over USD 12.5 billion to shareholders, while investing USD 11 billion towards extending its leadership and delivering growth. For the years to 2023, the company intends to lift dividends per share by at least 10 percent per year and to buy back shares; it will distribute USD 8-10 billion to shareholders and put about 10-12 billion into RD&E (research and development and engineering), capital and mergers, plus acquisitions. The focus will still go towards organic growth.

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Exxon Shareholders Reject Resolutions On Climate, Separating CEO, Chairman

2019-05-30 04:31:07| OGI

Exxon Mobil Corp. shareholders on Wednesday rejected a proposal to split the chief executive officer and board chairman roles that some had promoted to protest a decision to strike an unrelated climate change resolution from the ballot.

Tags: ceo chairman climate shareholders

 
 

EQT Board's Letter To Shareholders (Full Text)

2019-05-23 07:00:00| OGI

Read the full text of the EQT board's letter to shareholders.

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Vodafone cuts payout to shareholders

2019-05-14 09:49:20| BBC News | Business | UK Edition

The mobile phone giant swings to a huge annual loss and cuts its dividend for the first time.

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'We Are The Rightful Owners' Of Anadarko, Occidental CEO Tells Shareholders

2019-05-11 18:11:12| OGI

Occidental Petroleum CEO Vicki Hollub on May 10 touted her $38 billion deal for Anadarko Petroleum Corp. and defended the pricey terms she negotiated in a 90-minute session with billionaire investor Warren Buffett to secure the deal without seeking shareholder approval.

Tags: owners ceo tells shareholders

 

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